Crypto bank Sygnum hits unicorn status with new $58M raise
Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream.
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Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream.
Back was an early Bitcoin developer and the first person to receive an email from pseudonymous Bitcoin creator Satoshi Nakamoto.
The company raised $210 million in debt financing less than a month after launching a security token offering in Europe.
Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding.
Blockstream CEO Adam Back says 2023 presented a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets. Blockstream will […]
