Sygnum

Sygnum

An independently controlled, scalable and future-proof digital asset banking solution. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
$900m (Public information from Jan 2024)
Company register number CHE-134.733.288
Zurich Canton of Zürich (HQ)
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DateInvestorsAmountRound
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Seed
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Early VC
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$90.0m

Valuation: $800m

Series B
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$40.0m

Valuation: $900m

Late VC
Total Funding$130m

Recent News about Sygnum

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More about Sygnum
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Sygnum is a pioneering digital asset bank that operates in the cryptocurrency market. It offers a range of services including professional trading, yield generation, secure storage, and credit lines using crypto assets as collateral. The company caters to both individual and institutional clients, providing them with a secure and efficient platform to trade and invest in digital assets.

Sygnum's business model revolves around its secure infrastructure, deep liquidity, and expertise in the digital asset market. It generates revenue through trading fees, interest on loans backed by crypto assets, and fees for its yield generation and secure storage services. The company also offers a range of passive and active investment products that allow clients to gain exposure to growth and trends in the crypto market.

In addition to its core services, Sygnum also provides a platform for unique investment opportunities and capital raising through bank-grade tokenisation for various asset classes, including private markets and art and collectibles. The company also offers compliance and regulatory technology (RegTech) services, helping banks and Virtual Asset Service Providers (VASPs) expand their crypto offerings in a compliant manner.

Sygnum was founded in 2017 and has Swiss and Singaporean heritage. It was the first digital asset bank and holds a banking license from the Swiss Financial Market Supervisory Authority (FINMA) and a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS).

Keywords: Digital Asset Bank, Cryptocurrency Trading, Yield Generation, Secure Storage, Crypto-backed Loans, Investment Products, Tokenisation, Compliance Services, RegTech, Licensed Bank.

Tech stack

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Investments by Sygnum

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