![Sygnum Closes $40M Round As the Crypto Bank Nears ‘Unicorn’ Status Sygnum Closes $40M Round As the Crypto Bank Nears ‘Unicorn’ Status](https://digitallifegaming.com/wp-content/uploads/2023/12/PDZ33YY2H5BTFNZ3HHAFJ4NN5I-768x402.jpg)
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“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,” Gerald Goh, the firm’s co-founder and CEO of its Singapore operations, said in a release. “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.
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