Crypto bank Sygnum has closed a $58 million funding round giving it a valuation of over $1 billion and thus acquiring "unicorn" status
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Jamie Crawley
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Sygnum Bank
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Crypto Bank Sygnum Gets Unicorn Status With $58M Round
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Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream
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In 2024, Sygnum’s total trades surged by more than 1,000% year-over-year, significantly contributed to by the company’s collaboration with Swiss state-owned bank PostFinance
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Crypto-focused Swiss bank Sygnum raises $58 million, achieving a $1 billion valuation and unicorn status
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