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.
The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.
Meanwhile, altcoins may flounder unless the United States passes rules favoring crypto adoption, the asset manager said.
Solana still has serious ground to cover, but if major financial institutions start showing a preference for Solana, things could change.
Ledn’s groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, is set to transform retail lending and institutional crypto finance.
The partnership will make the Net Asset Value of Fidelity’s $6.9 billion Institutional Liquidity Fund accessible onchain in real time.
