Sygnum, a crypto bank based in Switzerland, has raised $58 million, giving the privately-held company a valuation of $1 billion. The round was led by Bitcoin-focused investment firm Fulgur ...
Sygnum, a digital asset banking group, announces the expansion of Sygnum Protect, its off-exchange custody platform, to include Deribit, the world’s largest crypto derivatives exchange.
Sygnum’s crypto derivatives trading surged by 500%, while loan volumes jumped 360%. The funding boost is set to power the bank’s expansion plans for Europe and Hong Kong in 2025.
Crypto bank Sygnum has expanded its custody platform to include the world's leading options exchange Deribit.Sygnum and Deribit are now ...