{"id":7655,"date":"2025-01-14T18:20:23","date_gmt":"2025-01-14T18:20:23","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7655"},"modified":"2025-01-14T18:20:23","modified_gmt":"2025-01-14T18:20:23","slug":"digital-asset-bank-sygnum-becomes-unicorn-secures-1-billion-valuation-in-funding-round-explore-best-crypto-presales","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7655","title":{"rendered":"Digital Asset Bank Sygnum Becomes Unicorn, Secures $1 Billion Valuation In Funding Round. Explore Best Crypto Presales!"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Sygnum, a prominent digital asset bank headquartered in Switzerland, secured a $1 billion valuation after its latest funding round.\u00a0<\/span><\/p>\n<p>On 14 January 2025, Sygnum announced receiving $58 million in funding. The company plans to continue expanding in the EU and other markets.<\/p>\n<p>\u201cProceeds from the completed Strategic Growth Round will be put to work to drive Sygnum\u2019s 2025 expanded\u00a0EU\/EEA market entry and to launch its regulated presence in Hong Kong,\u201d <a href=\"https:\/\/www.sygnum.com\/news\/sygnum-completes-usd-58m-strategic-growth-round-achieves-unicorn-status-with-1bn-valuation\/\">the announcement said.\u00a0<\/a><\/p>\n<p><span style=\"font-weight: 400\">However, specific details about the funding participants were not disclosed.<\/span><\/p>\n<p>Notably, Sygnum\u00a0<a href=\"https:\/\/www.sygnum.com\/news\/sygnum-posts-profit-and-sets-stage-for-mica-compliant-expanded-eu-market-entry\/\">reported<\/a> an impressive profit in first half of 2024 and revealed that it holds a record 4.5 billion Francs ($5.11 billion) in client assets.<\/p>\n<p><strong>Explore:<a href=\"https:\/\/99bitcoins.com\/news\/crypto-friendly-bank-sygnum-posts-impressive-numbers-for-first-half-of-2024\/\" rel=\"bookmark\">Crypto-Friendly Bank Sygnum Posts Impressive Numbers For First Half 2024<\/a><\/strong><\/p>\n<h2>With Fresh Capital At Disposal, Sygnum Outlines Growth Plan<\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4f0.png\" alt=\"\ud83d\udcf0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Covered in <a href=\"https:\/\/twitter.com\/tippinpointnews?ref_src=twsrc%5Etfw\">@tippinpointnews<\/a> by journalist <a href=\"https:\/\/twitter.com\/Grundi65?ref_src=twsrc%5Etfw\">@Grundi65<\/a>: \u201cSygnum becomes a unicorn\u201d<\/p>\n<p>&#8220;An important factor for the oversubscribed strategic growth round was the continuous growth of Sygnum Bank&#8217;s core business over the past few years,&#8221; <a href=\"https:\/\/twitter.com\/Grundi65?ref_src=twsrc%5Etfw\">@Grundi65<\/a> writes.<\/p>\n<p>&#8220;In 2024, the trading\u2026 <a href=\"https:\/\/t.co\/AGBPfWIABn\">pic.twitter.com\/AGBPfWIABn<\/a><\/p>\n<p>\u2014 Sygnum Bank (@sygnumofficial) <a href=\"https:\/\/twitter.com\/sygnumofficial\/status\/1879178607505088801?ref_src=twsrc%5Etfw\">January 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">The bank aims to strengthen its presence in existing markets while exploring opportunities in new regions. Asia-Pacific and Europe are likely to remain focal points for expansion due to their growing interest in digital assets.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The company is fully regulated digital asset banks globally, holding licenses in both Switzerland and Singapore.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Some can say that its approach of merging traditional finance with blockchain technology attracted institutional investors, high-net-worth individuals, and enterprises seeking secure and compliant exposure to digital assets.<\/span><\/p>\n<p>Commenting on securing the investment, Mathias Imbach, Sygnum Co-Founder and Group CEO said,\u00a0\u201cSygnum reaching Unicorn status is a strong validation by the market of our business model, strategy and team.\u201d<\/p>\n<p>Meanwhile, Gerald Goh, Co-Founder and CEO APAC said, \u201cOffering trusted institutional infrastructure and regulated services for digital assets will continue to be the foundation for Sygnum\u2019s future growth strategy.\u201d<\/p>\n<p><span style=\"font-weight: 400\">As institutional interest in cryptocurrencies continues to grow and regulatory frameworks become more defined, companies like Sygnum can play an increasingly important role in shaping the future of finance. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Just recently, Sygnum successfully secured a crypto license for its Liechtenstein-based subsidiary.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The new license enables Sygnum to offer regulated digital asset services in the country. The services include brokerage, custody, and banking, under the framework of Liechtenstein\u2019s Token and Trusted Technology Service Providers Act, the bank <\/span><a href=\"https:\/\/www.sygnum.com\/news\/sygnum-obtains-crypto-licence-in-liechtenstein-paving-the-way-for-eu-expansion\/\"><span style=\"font-weight: 400\">said in a press release<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The move positions Sygnum to apply for a Crypto-Asset Service Provider (CASP) license under the European Union\u2019s Markets in Crypto-Assets Regulation (MiCA). This can happen once Liechtenstein adopts the regulation, anticipated in the first quarter of 2025.<\/span><\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/switzerlands-sygnum-secures-crypto-license-in-liechtenstein-looking-to-expand-operations-in-eu\/\" rel=\"bookmark\">Switzerland\u2019s Sygnum Secures Crypto License In Liechtenstein, Looking To Expand Operations In EU<\/a><\/strong><\/p>\n<h1 class=\"page-title\">Best Crypto Presales For Smart Money in January ?<\/h1>\n<p>Dogecoin could change the world in 2025 as Trump\u2019s DOGE plans position DOGE price for major gains following the anticipated Trump inauguration.<\/p>\n<p>Trump\u2019s relationship with cryptocurrency is complex and marked by initial skepticism. However, Trump has become more supportive, especially during his campaign when he began accepting crypto donations. This shift allowed him to mention crypto coins like Bitcoin or Dogecoin.<\/p>\n<p>Trump\u2019s mention of Dogecoin would likely attract extensive media coverage, making it into headlines globally. This would shift the perception of crypto in general, changing it from a fun, speculative asset to a long-term investment. Dogecoin\u2019s position as an investment could be further cemented.<\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/dogecoin-and-trump-will-change-the-world-in-2025-best-crypto-presales-for-smart-money-in-january\/\" rel=\"bookmark\">Dogecoin and Trump Will Change The World in 2025: Best Crypto Presales For Smart Money in January ?<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/swiss-based-digital-asset-bank-sygnum-becomes-unicorn-secures-1-billion-valuation-in-funding-round-explore-best-crypto-presales\/\">Digital Asset Bank Sygnum Becomes Unicorn, Secures $1 Billion Valuation In Funding Round. Explore Best Crypto Presales!<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sygnum, a prominent digital asset bank headquartered in Switzerland, secured a $1 billion valuation after its latest funding round.\u00a0 On 14 January 2025, Sygnum announced receiving $58 million in funding. The company plans to continue expanding in the EU and other markets. \u201cProceeds from the completed Strategic Growth Round will be put to work to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7655","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7655"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7655\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}