Sygnum


Finance

Diversification, Not Hype, Now Drives Digital Asset Investing: Sygnum

The bank’s latest survey finds investors shifting toward portfolio balance and discretionary strategies as bitcoin’s safe-haven appeal eclipses altcoins.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay/Modified by CoinDesk)

Finance

UBS, PostFinance and Sygnum Conduct Cross-Bank Payments on Ethereum

The proof of concept, run under the Swiss Bankers Association, saw UBS, PostFinance, and Sygnum Bank carry out transactions using deposit tokens.

Swiss flags

Finance

Sygnum Bank Expands Custody to Include Leading Crypto Options Exchange Deribit

Sygnum and Deribit are now leveraging crypto custodian Fireblocks' "Off Exchange" service

Deribit CEO Luuk Strijers (Extreme right) at Consensus Hong Kong (CoinDesk)

Finance

Crypto Bank Sygnum Gets Unicorn Status With $58M Round

The Zurich and Singapore-based lender closed the oversubscribed "strategic growth round," which was led by BTC-focused venture capital firm Fulgur Ventures

16:9 Unicorn (Annie Spratt/Unsplash)

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Markets

Institutions Go All In on Crypto: Sygnum Survey Reveals 57% Respondents Plan to Boost Allocations

A notable 65% of the survey respondents are bullish long-term, with 63% mulling more allocation to digital assets in the next three to six months.

stone columns in front of a building

Policy

Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider

The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.

Liechtenstein (Unsplash+ / Resource Database)

Finance

Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT

The move may reflect users' unease about Binance's regulatory dispute in the U.S., which saw it landed with a $4.3 billion fine in November

Two large stacked blocks displaying Binance's logo at a trade show.

Finance

Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise

The company said that its initial target for the funding round was $35 million.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

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Finance

SBI, Sygnum, Azimut Establish $75M VC Fund for Crypto Startup Investments

The fund will invest in companies focused on building DLT, DeFi, and RegTech tools.

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