Digital asset bank Sygnum completes US$90 million financing with a valuation of US$800 million, Sun Hung Kai leads the investment

Time:2022-01-05 Source: 861 views Trending Copy share

On January 6, it was reported that Sygnum, which operates a digital asset bank and trading platform, raised US$90 million in a new round of financing, valued at US$800 million. The financing was led by Sun Hung Kai, with participation from Animoca Brands and Meta Investments.

According to the statement, Sygnum plans to use the proceeds to develop new products for institutional clients, including revenue-generating products and asset management solutions. According to previous reports, in June this year, the Swiss digital asset bank Sygnum launched a series of decentralized financial (DeFi) custody and trading of tokens, including Aave, Aragon, Curve, MKR, Synthetix, Uniswap and 1inch Network. Sygnum is also USDC. Increased banking services.

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