Sygnum Achieves Unicorn Status with $58 Million Funding Round
- Sygnum closed a $58 million funding round.
- The funding round was oversubscribed and led by Fulgar Ventures.
- Sygnum’s valuation reached $1 billion, earning it “unicorn” status.
- Previously, Sygnum had a $900 million valuation after a $40 million raise.
- The bank is licensed in Luxembourg, Switzerland, and Singapore.
- Plans include expanding into the European market and establishing a presence in Hong Kong.
Sygnum, now valued at $1 billion following a successful $58 million funding round led by Fulgar Ventures, plans to expand its operations into Europe and Hong Kong.
