Cryptocurrency banking group Sygnum has achieved unicorn status. The company was valued at $1.2 billion after raising $58 million in a strategic growth round.
The company announced that its value exceeded $1 billion, making it a unicorn company. Fulgur Ventures, which participated as a lead investor in the strategic growth round,
Fulgur Ventures is known for backing major industry platforms such as Blockstream.
In addition to Signum Ventures, several strategic and financial investors and members of the Signum team participated in the funding round.
Signum will use the funding to expand into multiple geographies, develop bitcoin-centric products, and make strategic acquisitions.
According to the announcement, Signum's co-founders, board and team members still hold majority stakes. With this latest round of funding, Signum has become the first European
The company plans to expand its business across the EU and the European Economic Area and to establish a regulatory-compliant base in Hong Kong.
2025/01/14 17:22 KST
Copyright(C) BlockchainToday wowkorea.jp 117