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Sygnum Bank exceeded its funding goal, securing over $40 million in a recent round and elevating its total value to $900 million
Global digital asset banking group Sygnum today announced that it has raised more than USD 40 million against an initial ~USD 35 million target in an interim close of its latest funding round, which is named the Strategic Growth Round. As of the completion of this interim close, the company’s post-money valuation stands at USD 900 million.
Sygnum, a leading crypto banking group headquartered in Switzerland, has successfully closed a $40 million funding round, propelling its valuation to $900 million.
The funding is intended to support Sygnum growth plans, including the expansion of its B2B platform and other regulated product offerings.