Sygnum Valued at $800M in $90M Funding Round: Report

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Sygnum, which runs a digital-asset bank and trading platform, was valued at $800 million in a $90 million funding round, Bloomberg News reported on Thursday, citing a statement from the company.

• Hong Kong firm Sun Hung Kai & Co. led the round. Animoca Brands and Canada’s Meta Investments also participated, Bloomberg reported, citing the statement.
• Sygnum is based in Switzerland and Singapore. Its products include regulated trading of crypto currencies.

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