Digital asset Swiss bank, #Sygnum , raises $58M in its Strategic Growth Round, reaching a $1B valuation and unicorn status! 🚀
The funding, led by Fulgur Ventures, will help expand Sygnum's presence in the EU/EEA and Hong Kong, enhance its #bitcoin services, and grow its offerings. 📊
CEO Mathias Imbach sees this as market validation for their business model. Sygnum’s trading products have seen a 1,000% increase in trades, and they foresee Bitcoin’s dominance growing as institutional adoption continues. 💡