Sygnum Valued at $800M in $90M Funding Round: Report
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Sygnum, which runs a digital-asset bank and trading platform, was valued at $800 million in a $90 million funding round, Bloomberg News reported on Thursday, citing a statement from the company. Hong…
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In January 2025, multiple crypto and blockchain firms received considerable financial investment to support development. Helio, the prominent blockchain platform received a $175 million investment from MoonPay and other investors. The blockchain infrastructure provider Phantom received $150 million in support from a16z crypto, Blockjoy, Sequoia Capital, and Variant. MAJOR CRYPTO FUNDRAISING…
Zurich-based digital asset bank Sygnum has added Bitcoin options and derivatives platform Deribit to its off-exchange crypto custody platform. Amid growing cyberattacks on exchanges, Deribit has sought options that prevent its assets from hacks. To weather this trend, the prominent Bitcoin and crypto options platform has partnered with Sygnum to…
Sygnum Bank, a top digital asset banking firm, has announced further expansion of its platform for off-exchange custody. As per Sygnum Bank, it is broadening the off-exchange custody forum thereof to incorporate Deribit, the biggest exchange for crypto derivatives. The platform took to its official X account to provide the…