“The broader industry is emerging from the ‘crypto winter,’ and investors and market participants are increasingly seeking to partner with trusted and well-managed financial institutions,” Gerald Goh, the firm’s co-founder and CEO of its Singapore operations, said in a release. “For Sygnum, this fundraise will allow us to further build out our suite of fully regulated solutions to support investors as they increase their exposure to the asset class.
Source: https://www.coindesk.com/business/2024/01/25/swiss-crypto-bank-sygnum-inches-closer-to-unicorn-status-with-40m-raise/?utm_medium=referral&utm_source=rss&utm_campaign=headlines