Sygnum, which is licenced in Singapore, Switzerland, Luxembourg and the United Arab Emirates, says that it has grown its assets under administration to over US$4 billion with 1,700 clients from more than 60 countries, since its series B fundraise.
It powers crypto offerings to over 15 banks and financial institutions globally. Most recently, Sygnum Singapore partnered with 174-year-old private bank Bordier & Cie’s Singapore arm, to allow high net worth investors access to invest in digital assets.
Gerald Goh, co-founder and CEO of Sygnum Singapore says: “The broader industry is emerging from the “crypto winter” and investors and market participants are increasingly seeking to partner with trusted and well-managed financial institutions. For Sygnum, this fundraise will allow us to further build out our suite of fully-regulated solutions to support investors as they increase their exposure to the asset class.
