Tag: Gerald Goh

Sygnum Bank Attains $900 Million Valuation with New $40 Million Funding

FinTelegram Ben - January 25, 2024

Sygnum is a Swiss bank specializing in managing and custody of crypto and digital assets. The company, dual-headquartered in Switzerland and Singapore, was founded in 2018 and is regulated by the Swiss Financial Market Supervisory Authority (FINMA). The crypto bank recently announced that it raised over $40 million, surpassing its initial target of $35 million. This funding boost has elevated the company's valuation to an impressive $900 million.

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.