Financial Boost for Expansion:
The recently secured funds are earmarked for Sygnum’s ambitious plans to expand its presence into new markets.
The digital asset banking group also aims to bolster its suite of regulated products and services within the digital asset industry.
Leadership and Services Overview:
Under the leadership of Group CEO Mathias Imbach, Sygnum operates as a global digital asset banking group.
Its mission is to empower a diverse range of stakeholders, including professional and institutional investors, banks, corporates, and DLT foundations.
The group achieves this by providing confidence in digital asset investments through institutional-grade security, personalized expert service, and a comprehensive portfolio of regulated offerings.
These include digital asset banking, asset management, tokenization, and B2B services.
Regulatory Credentials:
Sygnum holds a banking license in Switzerland, establishing a strong regulatory foundation. Additionally, the group possesses CMS and Major Payment Institution Licenses in Singapore.
Regulatory oversight extends to global financial hubs such as Abu Dhabi and Luxembourg, highlighting Sygnum’s commitment to compliance in established financial jurisdictions.
CEO Perspective and Future Outlook:
Mathias Imbach, commenting on the funding success, expressed excitement about closing a significant funding round in the current macro environment.
He conveyed gratitude to investors for their trust in Sygnum’s core thesis that emphasizes the fusion of future innovation with heritage values.
The strategic approach of building trust through regulation and governance has been a guiding principle for Sygnum across various market cycles.
Imbach looks forward to the continued mission of empowering individuals globally to confidently own digital assets.
Conclusion and Source:
The announcement of the successful funding round was reported by FinSMEs on January 25, 2024. Sygnum’s strategic vision, coupled with the financial backing from strong partners, positions the digital asset banking group for dynamic growth and continued leadership in the evolving landscape of digital finance.
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