Crypto Bank Sygnum Achieves Unicorn Status
@SygnumBank has raised $58M in a strategic growth round, achieving unicorn status with a $1B valuation. This funding will support its expansion into EU/EEA markets and Hong Kong. #Update #Crypto (+7) ↗
@SygnumBank has raised $58M in a strategic growth round, achieving unicorn status with a $1B valuation. This funding will support its expansion into EU/EEA markets and Hong Kong. #Update #Crypto (+7) ↗
@SygnumBank has achieved unicorn status after closing a $58 million funding round led by Fulgar Ventures, boosting its valuation to $1 billion. The bank plans to expand into Europe and Hong Kong while enhancing Bitcoin technology offerings. #Update #Crypto (+5) ↗
@SygnumBank has achieved unicorn status with a $58M raise, backed by @FulgurVentures, known for supporting platforms like Blockstream. This strategic growth round highlights significant investor confidence in the crypto banking sector. #Update #Crypto (+5) ↗
@jpmorgan predicts the US dollar’s strength may persist as the US economy is set to grow by 2.7% in 2024, outpacing other developed markets, potentially impacting Fed rate cuts. #Update #Economy @jpmorgan (+3) →
@FVBank integrates $PYUSD stablecoin, enhancing real-time cross-border transactions and expanding stablecoin services for account holders. • #Update • #Crypto • $PYUSD • (+4) • ↗
Czech National Bank Governor Aleš Michl considers $BTC for diversification, signaling potential shift in reserve strategy. • #Update • #Crypto • $BTC • (+3) • ↗
@GarantiBBVA will enable crypto trading for its customers in Turkey via Garanti BBVA Kripto, marking a significant step by European banks into the crypto space. • #Update • #Crypto • @GarantiBBVA • (+4) • ↗
@HCWainwrightCo analyst Mike Colonnese predicts $BTC will reach $225K in 2024, driven by clearer regulations and increased institutional involvement, as reported by CNBC. • #Update • #Crypto • @HCWainwrightCo • (+6)
The Swiss Bitcoiners are gathering 100,000 signatures from Switzerland’s 8.92 million residents by June 30, 2026, to initiate a public referendum mandating the Swiss National Bank to hold $BTC. #Update #Legal @Cointelegraph → 0
@Sberbank, @Tbank, and @TochkaBank have joined Russia’s digital ruble pilot, advancing the Central Bank of Russia’s digital currency initiative. #Update #Crypto @Sberbank ↗ +4