Saturday, January 22, 2022

Sygnum valued at $ 800 million in $ 90 million funding round: report

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Sygnum, which operates a digital asset bank and trading platform, has been valued at $ 800 million in a $ 90 million funding round, Bloomberg News reported Thursday, citing a statement from the company.

  • Hong Kong-based Sun Hung Kai & Co. led the way. Animoca Brands and Meta Investments of Canada also participated, Bloomberg reported, citing the release.
  • Sygnum is based in Switzerland and Singapore. Its products include the regulated trading of cryptocurrencies.

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