Sygnum Achieves Unicorn Status with $58 Million Funding Round
- Sygnum raised $58 million in a strategic growth round, reaching a valuation of over $1 billion.
- Fulgur Ventures led the investment round as the cornerstone investor.
- The banking group manages over $5 billion in client assets.
- Trading volumes increased by more than 1,000% year-over-year in 2024.
- Swiss authorities seized $26 million in crypto assets from Sygnum Bank related to Terraform Labs.
Sygnum’s recent funding round, led by Fulgur Ventures, has propelled its valuation beyond $1 billion. The bank manages over $5 billion in client assets and saw a significant increase in trading volumes last year.
