Tagged: sygnum

August 27, 2024 @ 1:02 pm By JD Alois  |  

Sygnum Bank is a digital asset-focused financial institution that is based and regulated in Switzerland, supervised by the Swiss Market Financial Authority (FINMA). The company also holds a CMS [Capital Market Services license issued by the Monetary Authority of Singapore (MAS). Both of these jurisdictions… Read More

August 24, 2024 @ 8:44 am By Omar Faridi  |  

Sygnum, a global digital asset banking group with ~$4.5 billion in client assets, has issued the industry-first syndicated loan backed by Bitcoin (BTC) to premier crypto lender Ledn, which will be used to fund the growth of Ledn’s retail lending operations. Syndicated among Sygnum’s institutional… Read More

July 25, 2024 @ 12:49 pm By Omar Faridi  |  

Sygnum, a global digital asset banking group with ~$4.5 billion in client assets, reported that it has reached profitability following a strong H1 2024, with key metrics seeing substantial growth year-to-date (YTD). Business performance is enabled by “expanded trading features and platform, strategic partnerships with… Read More

July 12, 2024 @ 10:03 am By Omar Faridi  |  

Sygnum, a global digital asset banking group, announces the launch of Sygnum Connect, its 24/7 multi-asset instant settlement network. The network settles fiat, digital assets and stablecoin transactions “for institutional investors, liquidity providers, stablecoin issuers, brokers and selected exchanges.” Sygnum Connect fills the current industry… Read More

July 4, 2024 @ 10:21 am By Omar Faridi  |  

Chainlink announced a collaboration with Fidelity International and Sygnum to bring Net Asset Value (NAV) data onchain. In this landmark production use case for tokenized assets, the collaboration provides transparency and accessibility “around key asset data for Sygnum’s recently issued onchain representation of Fidelity International’s… Read More

June 28, 2024 @ 10:20 am By Omar Faridi  |  

Sygnum, a global digital asset group, announces that it has reached the milestone of 20+ banks and international financial institutions onboarded onto its B2B platform. This enables their end-clients “to buy, hold, trade, earn, and transfer cryptocurrencies in a fully regulated environment.” Sygnum’s 20+ B2B… Read More

March 1, 2024 @ 3:43 am By Omar Faridi  |  

Sygnum, a global digital asset banking group; Hamilton Lane (Nasdaq: HLNE), a global private markets investment management firm; and financial services firm Apex Group are expanding access to global private markets via new DLT-registered shares on the Polygon blockchain. Sygnum Bank, Hamilton Lane, and Apex… Read More

January 26, 2024 @ 10:30 am By Omar Faridi  |  

Global digital asset banking group Sygnum announced that it has raised more than USD 40 million against an initial ~USD 35 million target in an interim close of its latest funding round, which is named the Strategic Growth Round. As of the completion of this… Read More

December 23, 2023 @ 12:19 pm By Omar Faridi  |  

Sygnum Bank has announced a strategic partnership with Aquila GVM Consulting SA, an independent wealth management firm in Lugano with traditional asset management expertise. Aquila GVM Consulting will reportedly “leverage Sygnum’s crypto-native all-in-one digital asset banking services.” By working with Sygnum, Aquila GVM Consulting is… Read More

December 14, 2023 @ 5:55 am By Omar Faridi  |  

Sygnum launches its inaugural institutional investor crypto survey report, Future Finance 23. The purpose of the research is “to accurately measure institutional crypto adoption, track trends over time, and profile the needs and challenges of future institutional crypto market entrants.” Key themes include: 40% of… Read More

December 9, 2023 @ 10:38 pm By Omar Faridi  |  

Safe, the smart wallet infrastructure provider, is collaborating with Sygnum, a digital asset banking group, and CoinCover, a UK-regulated recovery service provider, to launch Safe{RecoveryHub}, “offering a curated suite of crypto recovery options.” Built with Safe’s smart account infrastructure at its core, this marketplace of… Read More

November 24, 2023 @ 2:37 pm By Omar Faridi  |  

Sygnum announces a major addition to its institutional crypto sector indices product portfolio – the Sygnum Crypto Multisector Index Linked Certificate (ILC). The first institutional Crypto Multisector Index “combines key crypto sectors into a single portfolio to conveniently enable broad, liquid access to the digital asset… Read More

November 2, 2023 @ 5:11 pm By Omar Faridi  |  

Swiss Tennis, the national association that advocates for a strong Swiss tennis community, is cooperating with Sygnum, the digital asset bank, in order “to launch the Swiss Tennis World Champion NFT art collection to support the next generation of tennis players in Switzerland.” Swiss Tennis… Read More

October 27, 2023 @ 7:58 am By Omar Faridi  |  

Sygnum, the digital asset bank, announces an innovative new private debt asset token with Float, a Stockholm-based Capital-as-a-Service company. Fasanara Capital, one of Europe’s largest credit funds in Fintech, is acting “as senior lender.” New asset token offering “gives clients direct access to a unique… Read More

October 16, 2023 @ 9:56 pm By Omar Faridi  |  

Sygnum, the digital asset bank, has generated additional CHF multi-billion client demand by complementing its core regulated digital asset offering with traditional securities. As noted in an update from Sygnum: Market traction due to clients’ ability to combine crypto and traditional assets conveniently, simply and… Read More

August 3, 2023 @ 8:16 am By Omar Faridi  |  

PostFinance, which claims to be one of Switzerland’s leading financial institutions and largest retail banks, leverages its existing partnership with Sygnum, the “world’s first” digital asset bank, to reward their employees “with a free NFT issued by Sygnum as part of their educational game for… Read More

July 26, 2023 @ 10:53 am By Omar Faridi  |  

Sygnum and SATO Technologies are renewing this innovative green financing solution to grow the global ecosystem of carbon-neutral crypto miners. Sygnum provides cash loans “to green crypto miners who pledge a pre-defined portion of their computational mining power, then sells the mined coins to repay… Read More

June 18, 2023 @ 3:41 pm By Omar Faridi  |  

Sygnum announces the upcoming expansion of its regulated operations in Singapore following the in-principle approval of its Major Payment Institution Licence (MPIL) application. The expanded Singapore offering includes regulated crypto brokerage service. It marks the latest expansion of Sygnum Singapore’s regulated activities “following the three-part… Read More

May 11, 2023 @ 7:21 am By Omar Faridi  |  

Sygnum announces the addition of Cosmos’ native token ATOM to its expanding portfolio of regulated digital asset banking products and services. Sygnum clients “can now conveniently buy and hold ATOM on its institutional-grade platform and stake their holdings to earn attractive staking rewards” From today,… Read More

April 6, 2023 @ 8:08 am By Omar Faridi  |  

PostFinance, one of Switzerland’s major financial institutions and largest retail banks, partners with Sygnum, which claims to be one of the world’s first digital asset banks, “to offer its customers a range of regulated digital asset banking services via Sygnum’s B2B banking platform.” PostFinance‘s partnership… Read More