The Singapore headquarters of Sygnum – a global digital asset banking group – Sygnum Pte. Ltd. announced its partnership with Moomoo Singapore to distribute its multi-manager fund to accredited investors on moomoo, a digital investment and wealth management platform with “over 1 million users” in Singapore.
Moomoo Singapore is Sygnum Singapore’s distribution partner for “an asset management product.”
Moomoo Singapore and Sygnum Singapore reportedly hold the Major Payment Institution Licence and Capital Markets Services Licence.
Echo Zhao, Country Head, Moomoo Singapore says,
“As digital assets enter the mainstream and gain widespread adoption, many high net worth clients now view digital assets as a key component of a modern and resilient portfolio. These clients are not just seeking diversification, but also the opportunity to capitalise on the huge growth potential of this asset class.”
Gerald Goh, Sygnum’s Co-Founder and CEO APAC says,
“With the SEC’s approval of the Bitcoin and Ethereum ETFs earlier this year, awareness of managed crypto funds has grown further. Navigating the broader crypto asset market is not without challenges, and at Sygnum, our mission from Day One has been to empower everyone to invest in digital assets with complete trust.”
As noted in the update, Moomoo Financial Singapore Pte. Ltd. (Moomoo Singapore) is a financial technology company “transforming the investing experience through their digitalised brokerage and wealth management platform – moomoo.”
Moomoo enhances the user experience with “market data, news, and powerful analytical tools.”
Moomoo embeds a digitalized investment community to “connect all users, investors, companies, analysts.”
Moomoo Singapore offers investment products for “trading via the moomoo platform, and it is a Capital Markets Services license holder regulated by the Monetary Authority of Singapore, Major Payment Institution holder with the Exempt Financial Adviser Status.”
In April 2024, Moomoo Singapore reached “the 1 million users milestone in Singapore.”
Moomoo Private Wealth reportedly offers investment strategies for HNW and institutional clients.
Backed by its technology platform, Moomoo Private Wealth offers a portfolio of innovative investment products.
Sygnum is the world’s digital asset bank, founded “on Swiss and Singapore heritage.”
They empower professional and institutional investors, banks, corporates and DLT foundations to “invest in the digital asset economy.”
Their team enables this via personal, expert service and secure, convenient access to their “integrated portfolio of crypto banking, asset management, tokenisation and B2B banking services.”
Sygnum is a licensed Swiss bank with its group of companies regulated in the established financial “hubs of Singapore, Abu Dhabi and Luxembourg.”
Their crypto-native team of banking, investment and digital asset technology professionals are building a regulated “bridge between the traditional and digital asset economies that we call Future Finance.”
