{"id":6563,"date":"2024-07-25T13:49:34","date_gmt":"2024-07-25T06:49:34","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=6563"},"modified":"2024-07-25T13:49:34","modified_gmt":"2024-07-25T06:49:34","slug":"sygnum-posts-profit-and-sets-stage-for-mica-compliant-expanded-eu-market-entry","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=6563","title":{"rendered":"Sygnum Posts Profit and Sets Stage for MiCA-compliant expanded EU Market Entry"},"content":{"rendered":"<p>   H1 2024 profit driven by strong business performance, including 500% rise in\u00a0crypto derivatives trading, &gt;360% increase in loan volumes[i] and &gt;1,000 daily trades\u00a0with 20+ B2B partner banks servicing more than a third of Swiss population   Sygnum now holds ~<span class=\"xn-money\">$4.5 billion<\/span> in client assets as well as &gt;<span class=\"xn-money\">$125m USD<\/span> equivalent<br \/>core equity capital, following January <span class=\"xn-money\">$40m<\/span> capital raise and <span class=\"xn-money\">$900m<\/span> valuation   Institutional client base approaching 2,000, serviced by growing 250-strong global team   Sets stage for\u00a0MiCA-compliant expanded EU market entry in Q1 2025 with new\u00a0European office and additional licences   Core business growth leveraged to further expand complementary traditional securities offering, and scale settlement network to enhance global crypto ecosystem connectivity    <\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">ZURICH<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">July 25, 2024<\/span><\/span> \/PRNewswire\/ &#8212; Sygnum, a global digital asset banking group with ~<span class=\"xn-money\">$4.5 billion<\/span> in client assets, today reported that it has reached profitability following a strong H1 2024, with key metrics seeing substantial growth year-to-date (YTD). Business performance is enabled by expanded trading features and platform, strategic partnerships with leading digital asset and TradFi financial institutions, and a diverse, international team now over 250-strong.<\/p>\n<p>Compared to the same period in 2023, the company has seen a two-fold increase in crypto spot trading volumes and a 500% rise in crypto derivatives trading on its newly-expanded platform. The company&#8217;s lending activities have also experienced strong growth, with the number of clients utilising Lombard loans almost doubling and loan volumes increasing by &gt;360%i.<\/p>\n<p>Sygnum&#8217;s Staking-as-a-Service offering has also grown, with the percentage of ETH staked by clients growing to 42%\u00a0i\u00a0\u2013 15% above the global average. This is especially notable given the shifting dynamics around Ethereum-related ETF products. For institutional clients, staking ETH presents a unique benefit beyond the limitations of the ETF framework, which currently excludes staking yields.<\/p>\n<p>&#8220;The approval and launch of Bitcoin and Ethereum ETFs were a watershed moment for the crypto sector this year, leading to a major increase in demand for trusted, regulated exposure to digital assets,&#8221; said\u00a0<span class=\"xn-person\">Martin Burgherr<\/span>, Sygnum&#8217;s Chief Clients Officer. &#8220;This is also reflected in Sygnum&#8217;s own growth, with our core business areas seeing a significant YTD increase in H1. We truly appreciate the continued trust of our clients, which provides the launch-pad for our accelerated international expansion, the development of new services and the scaling-up of our forward-looking initiatives for the crypto ecosystem.&#8221;<\/p>\n<p>Sygnum&#8217;s institutional and professional investor client base is approaching 2,000, serviced by a diverse, international team now over 250-strong. Crypto transfer volumes on Sygnum&#8217;s institutional-grade, secure platform have increased substantially across Sygnum&#8217;s four core client segments \u2013 professional private investors, External Asset Managers and Multi-Family Offices, crypto foundations and DLT companies, and Funds and Hedge Funds.<\/p>\n<p>Sygnum reached the milestone of <a href=\"https:\/\/www.sygnum.com\/news\/sygnum-onboards-20-banks-to-enable-regulated-crypto-services-for-third-of-swiss-population\/\" target=\"_blank\" rel=\"noopener\">20+ B2B partner banks<\/a> and financial institutions in <span class=\"xn-chron\">June 2024<\/span>, enabling more than a third of the Swiss population to conveniently trade crypto through their primary banks. Sygnum&#8217;s growing B2B roster, including names like <a href=\"https:\/\/www.sygnum.com\/news\/postfinance-launches-crypto-partnering-with-sygnum\/\" target=\"_blank\" rel=\"noopener\">PostFinance<\/a>, <a href=\"https:\/\/www.sygnum.com\/news\/zuger-kantonalbank-launches-mobile-friendly-crypto-offering-with-sygnum-bank\/\" target=\"_blank\" rel=\"noopener\">Zuger Kantonalbank<\/a> and <a href=\"https:\/\/www.sygnum.com\/news\/bordier-signs-on-as-sygnum-singapores-first-b2b-partner-bank-at-the-singapore-fintech-festival\/\" target=\"_blank\" rel=\"noopener\">Bordier &amp; Cie<\/a>, is highly active and facilitate more than 1,000 trades per day, with virtually 100% being Straight-Through Processed (STP) within seconds.<\/p>\n<p>International expansion<\/p>\n<p>To further accelerate its strong growth, Sygnum is expanding its regulated footprint in its home European and Asian markets. Sygnum has been active in <span class=\"xn-location\">Europe<\/span> from launch and licenced in <a href=\"https:\/\/www.sygnum.com\/news\/sygnum-expands-its-offering-into-luxembourg-europes-largest-fund-market\/\" target=\"_blank\" rel=\"noopener\"><span class=\"xn-location\">Luxembourg<\/span><\/a> since 2022, one of the world&#8217;s leading fund centres. In Q1 2025, Sygnum will significantly expand its regulated footprint via a new office and licences in the world&#8217;s biggest single market, the 30 countries comprising the European Union (EU) and European Economic Area (EEA). Sygnum&#8217;s strong business performance and regulated banking platform sets the stage for its MiCA-compliant market entry. <a href=\"https:\/\/www.esma.europa.eu\/esmas-activities\/digital-finance-and-innovation\/markets-crypto-assets-regulation-mica\" target=\"_blank\" rel=\"noopener\">Markets in Crypto-Assets Regulation (MiCAR)<\/a> is a suite of uniform EU market rules for crypto-assets aimed at supporting market integrity, investor protection and financial stability.<\/p>\n<p>Additionally, Sygnum is expanding its Asian market footprint via its fully-regulated digital asset financial services platform in <span class=\"xn-location\">Singapore<\/span> which offers asset management, corporate advisory, crypto custody and brokerage. Plans for regulated operations in <span class=\"xn-location\">Hong Kong<\/span> are also at an advanced stage. Sygnum also has a growing team in <span class=\"xn-location\">Abu Dhabi<\/span> where it offers local access to a portfolio of Swiss-regulated financial services.<\/p>\n<p>Strategic growth drivers<\/p>\n<p>Building on its international expansion, Sygnum is leveraging its core business growth to invest in a number of exponential growth drivers.<\/p>\n<p><a href=\"https:\/\/www.sygnum.com\/sygnum-connect\/\" target=\"_blank\" rel=\"noopener\">Sygnum Connect<\/a>, a network designed to make transactions in the global crypto ecosystem faster, cheaper, less risky and more reliable, is currently being scaled-up. The network offers 24\/7 free, instant settlement for fiat, crypto assets, and stablecoins that eliminates counterparty and settlement risks. The network, launched in 2024, places Sygnum at the centre of global crypto ecosystem development, driving capital efficiency, increasing financial system connectivity and enhancing institutional standards.<\/p>\n<p>In response to numerous client requests, Sygnum is also expanding its traditional securities offering that <a href=\"https:\/\/www.sygnum.com\/news\/sygnums-crypto-tradfi-bridge-generates-multi-bn-client-demand-for-traditional-securities\/\" target=\"_blank\" rel=\"noopener\">generated multi-billion client demand<\/a> following its 2023 launch. To further compliment clients&#8217; core digital asset investments, the traditional securities offering will soon also include self-servicing, discretionary mandates and an integrated portfolio view across all asset classes.<\/p>\n<p>Over the past six months, Sygnum has also <a href=\"https:\/\/www.sygnum.com\/news\/sygnum-raises-more-than-usd-40-million\/\" target=\"_blank\" rel=\"noopener\">raised over <span class=\"xn-money\">$40 million<\/span><\/a> via an oversubscribed funding round, leading to its core equity capital reaching &gt;<span class=\"xn-money\">$125 million USD<\/span> equivalent, and the business being valued at <span class=\"xn-money\">$900 million<\/span>. It has also partnered with Fidelity International, Matter Labs and Hamilton Lane on major tokenization projects, and collaborated with Chainlink to provide fund NAV data on-chain.<\/p>\n<p>About Sygnum<\/p>\n<p>Sygnum is a global digital asset banking group, founded on Swiss and <span class=\"xn-location\">Singapore<\/span> heritage. We empower professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets with complete trust. Our team enables this through our institutional-grade security, expert personal service and portfolio of regulated digital asset banking, asset management, tokenisation and B2B services.<\/p>\n<p>In <span class=\"xn-location\">Switzerland<\/span>, Sygnum holds a banking licence and has CMS and Major Payment Institution Licences in <span class=\"xn-location\">Singapore<\/span>. The group is also regulated in the established global financial hubs of <span class=\"xn-location\">Abu Dhabi<\/span> and <span class=\"xn-location\">Luxembourg<\/span>.<\/p>\n<p>We believe that the future has heritage. Our crypto-native team of banking, investment and digital asset technology professionals are building a trusted gateway between the traditional and digital asset economies that we call Future Finance. To learn more about how Sygnum&#8217;s mission and values are shaping this digital asset ecosystem, please visit <a href=\"https:\/\/www.sygnum.com\/\" target=\"_blank\" rel=\"noopener\">sygnum.com<\/a>\u00a0and follow us on <a href=\"https:\/\/www.linkedin.com\/company\/sygnumofficial\/\" target=\"_blank\" rel=\"noopener\">LinkedIn<\/a>\u00a0and <a href=\"https:\/\/x.com\/sygnumofficial\" target=\"_blank\" rel=\"noopener\">X<\/a>.<\/p>\n<p>Disclaimer:\u00a0The information in this publication pertaining to Sygnum Bank AG (&#8220;Sygnum&#8221;) is for general information purposes only, as per date of publication and should not be considered exhaustive. This publication does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. This publication does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets. When making an investment decision, you should either conduct your own research and analysis or seek advice from an expert. No elements of precontractual or contractual relationship are intended. While the information is believed to be from accurate and reliable sources, Sygnum makes no representation or warranties, expressed or implied, as to the accuracy of the information and Sygnum expressly disclaims any and all liability that may be based on such information, omissions, or errors thereof. If nothing is indicated to the contrary, all figures are unaudited. Any statements contained in this publication attributed to a third party represent Sygnum&#8217;s interpretation of the data, information and\/or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. Sygnum reserves the right to amend or replace the information, in part or entirely, at any time, and without any obligation to notify the recipient of such amendment \/ replacement or to provide the recipient with access to the information. Simultaneously, there is no obligation of Sygnum to inform recipients of information, if before provided information later becomes outdated, inaccurate or obsolete, unless otherwise provided by applicable law. The information provided is not intended for use by or distributed to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to the law or regulatory provisions or in which Sygnum does not hold the necessary registration, approval authorization or license. Except as otherwise provided by Sygnum, it is not allowed to modify, copy, distribute or reproduce, display, license, or otherwise use any content for commercial purposes.\u00a0The information herein refers to products and services of Sygnum and therefore constitutes advertising according to Art. 68 of the Swiss Financial Services Act (&#8220;FinSA&#8221;). Nonetheless, this document contains only general material and does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. In particular, this publication does not constitute (i) any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets; (ii) an inducement or incitement to participate in any product, offering or investment; (iii) a prospectus or key information document according to Swiss laws and regulations; nor shall it be construed as such. Where applicable, the full offering documentation of the products mentioned in this publication (such as for example the prospectus, offering memorandum, key information document (Basisinformationsblatt) may be obtained free of charge at Sygnum Bank AG, Uetlibergstrasse 134a, 8045 <span class=\"xn-location\">Zurich, Switzerland<\/span> and\/or by contacting us at <a href=\"https:\/\/www.sygnum.com\/contact\/\">https:\/\/www.sygnum.com\/contact\/<\/a>. Some of the products mentioned in this publication might not qualify as units of a collective investment scheme according to the relevant provisions of the Swiss Federal Act on Collective Investment Schemes (&#8220;CISA&#8221;), as amended, and are not licensed thereunder. Therefore, neither such products nor the issuer is governed by the CISA nor approved by the Swiss Financial Market Supervisory Authority FINMA (&#8220;FINMA&#8221;). Accordingly, for such products investors do not have the benefit of the specific investor protection provided under the CISA. These materials and this publication are for distribution only under such circumstances as may be permitted by applicable laws. They are not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or would subject Sygnum or its partners to any registration, licensing or other legal requirement within such jurisdiction.\u00a0Unless explicitly stated otherwise, no action has been or will be taken by Sygnum or its partners that would permit a public offering or a distribution of the products or possession or distribution of any offering material in relation to the products in any jurisdiction where action for that purpose is required. No offers, sales, resales or deliveries of any products or distribution of any offering material relating to any products may be made in or from any jurisdiction except in circumstances which will result in compliance with any applicable laws and regulations, and which will not impose any obligation on Sygnum. Where applicable, if and to the extent Sygnum has registered its prospectus with a prospectus evaluation body or a regulatory authority, further reference regarding the applicable selling and transfer restrictions is made to such prospectus.\u00a0These materials may include statements that are, or may be deemed to be, &#8220;forward-looking statements&#8221;. These forward-looking statements include, for example, the terms &#8220;believes&#8221;, &#8220;estimates&#8221;, &#8220;plans&#8221;, &#8220;projects&#8221;, &#8220;anticipates&#8221;, &#8220;expects&#8221;, &#8220;intends&#8221;, &#8220;may&#8221;, &#8220;will&#8221; or &#8220;should&#8221; or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Forward-looking statements speak only as of the date they are made. Without prejudice to any requirements under applicable laws and regulations, Sygnum and each of the participating authorized participants expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in these materials to reflect any change in expectations thereof or any change in events, conditions or circumstances on which any such forward-looking statement is based, whether as a result of new information, future developments or otherwise.\u00a0These materials are not a complete statement of the markets and developments referred to herein. Where applicable, some figures may refer to past performances or simulated past performances and past performance is not a reliable indicator of future results. Some figures may be forecasts only and forecasts are not a reliable indicator of future performance. Investment decisions should always be taken in a portfolio context and make allowance for your personal situation and consequent risk appetite and risk tolerance. No reliance may be placed for any purpose on the information contained in these materials or its accuracy or completeness. None of the participating authorized offerors, authorized participants, or distributors or any of their respective directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in these materials (or whether any information has been omitted from them) or any other information relating to Sygnum or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of these materials or its contents or otherwise arising in connection therewith.\u00a0<\/p>\n<div>\n<p class=\"prnml4\"><span class=\"prnews_span\"><span class=\"prnews_span\">[i]<\/span>\u00a0Compared to the same period last year.<\/span><\/p>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p>   H1 2024 profit driven by strong business performance, including 500% rise in\u00a0crypto derivatives trading, &gt;360% increase in loan volumes[i] and &gt;1,000 daily trades\u00a0with 20+ B2B partner banks servicing more than a third of Swiss population   Sygnum now holds ~<span class=\"xn-money\">$4.5 billion<\/span> in client assets as well as &gt;<span class=\"xn-money\">$125m USD<\/span> equivalent<br \/>core equity capital, following January <span class=\"xn-money\">$40m<\/span> capital raise and <span class=\"xn-money\">$900m<\/span> valuation   Institutional client base approaching 2,000, serviced by growing 250-strong global team   Sets stage for\u00a0MiCA-compliant expanded EU market entry in Q1 2025 with new\u00a0European office and additional licences   Core business growth leveraged to further expand complementary traditional securities offering, and scale settlement network to enhance global crypto ecosystem connectivity    <\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">ZURICH<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">July 25, 2024<\/span><\/span> \/PRNewswire\/ &#8212; Sygnum, a global digital asset banking group with ~<span class=\"xn-money\">$4.5 billion<\/span> in client assets, today reported that it has reached profitability following a strong H1 2024, with key metrics seeing substantial growth year-to-date (YTD). Business performance is enabled by expanded trading features and platform, strategic partnerships with leading digital asset and TradFi financial institutions, and a diverse, international team now over 250-strong.<\/p>\n<p>Compared to the same period in 2023, the company has seen a two-fold increase in crypto spot trading volumes and a 500% rise in crypto derivatives trading on its newly-expanded platform. The company&#8217;s lending activities have also experienced strong growth, with the number of clients utilising Lombard loans almost doubling and loan volumes increasing by &gt;360%i.<\/p>\n<p>Sygnum&#8217;s Staking-as-a-Service offering has also grown, with the percentage of ETH staked by clients growing to 42%\u00a0i\u00a0\u2013 15% above the global average. This is especially notable given the shifting dynamics around Ethereum-related ETF products. For institutional clients, staking ETH presents a unique benefit beyond the limitations of the ETF framework, which currently excludes staking yields.<\/p>\n<p>&#8220;The approval and launch of Bitcoin and Ethereum ETFs were a watershed moment for the crypto sector this year, leading to a major increase in demand for trusted, regulated exposure to digital assets,&#8221; said\u00a0<span class=\"xn-person\">Martin Burgherr<\/span>, Sygnum&#8217;s Chief Clients Officer. &#8220;This is also reflected in Sygnum&#8217;s own growth, with our core business areas seeing a significant YTD increase in H1. We truly appreciate the continued trust of our clients, which provides the launch-pad for our accelerated international expansion, the development of new services and the scaling-up of our forward-looking initiatives for the crypto ecosystem.&#8221;<\/p>\n<p>Sygnum&#8217;s institutional and professional investor client base is approaching 2,000, serviced by a diverse, international team now over 250-strong. Crypto transfer volumes on Sygnum&#8217;s institutional-grade, secure platform have increased substantially across Sygnum&#8217;s four core client segments \u2013 professional private investors, External Asset Managers and Multi-Family Offices, crypto foundations and DLT companies, and Funds and Hedge Funds.<\/p>\n<p>Sygnum reached the milestone of <a href=\"https:\/\/www.sygnum.com\/news\/sygnum-onboards-20-banks-to-enable-regulated-crypto-services-for-third-of-swiss-population\/\" target=\"_blank\" rel=\"noopener\">20+ B2B partner banks<\/a> and financial institutions in <span class=\"xn-chron\">June 2024<\/span>, enabling more than a third of the Swiss population to conveniently trade crypto through their primary banks. Sygnum&#8217;s growing B2B roster, including names like <a href=\"https:\/\/www.sygnum.com\/news\/postfinance-launches-crypto-partnering-with-sygnum\/\" target=\"_blank\" rel=\"noopener\">PostFinance<\/a>, <a href=\"https:\/\/www.sygnum.com\/news\/zuger-kantonalbank-launches-mobile-friendly-crypto-offering-with-sygnum-bank\/\" target=\"_blank\" rel=\"noopener\">Zuger Kantonalbank<\/a> and <a href=\"https:\/\/www.sygnum.com\/news\/bordier-signs-on-as-sygnum-singapores-first-b2b-partner-bank-at-the-singapore-fintech-festival\/\" target=\"_blank\" rel=\"noopener\">Bordier &amp; Cie<\/a>, is highly active and facilitate more than 1,000 trades per day, with virtually 100% being Straight-Through Processed (STP) within seconds.<\/p>\n<p>International expansion<\/p>\n<p>To further accelerate its strong growth, Sygnum is expanding its regulated footprint in its home European and Asian markets. Sygnum has been active in <span class=\"xn-location\">Europe<\/span> from launch and licenced in <a href=\"https:\/\/www.sygnum.com\/news\/sygnum-expands-its-offering-into-luxembourg-europes-largest-fund-market\/\" target=\"_blank\" rel=\"noopener\"><span class=\"xn-location\">Luxembourg<\/span><\/a> since 2022, one of the world&#8217;s leading fund centres. In Q1 2025, Sygnum will significantly expand its regulated footprint via a new office and licences in the world&#8217;s biggest single market, the 30 countries comprising the European Union (EU) and European Economic Area (EEA). Sygnum&#8217;s strong business performance and regulated banking platform sets the stage for its MiCA-compliant market entry. <a href=\"https:\/\/www.esma.europa.eu\/esmas-activities\/digital-finance-and-innovation\/markets-crypto-assets-regulation-mica\" target=\"_blank\" rel=\"noopener\">Markets in Crypto-Assets Regulation (MiCAR)<\/a> is a suite of uniform EU market rules for crypto-assets aimed at supporting market integrity, investor protection and financial stability.<\/p>\n<p>Additionally, Sygnum is expanding its Asian market footprint via its fully-regulated digital asset financial services platform in <span class=\"xn-location\">Singapore<\/span> which offers asset management, corporate advisory, crypto custody and brokerage. Plans for regulated operations in <span class=\"xn-location\">Hong Kong<\/span> are also at an advanced stage. Sygnum also has a growing team in <span class=\"xn-location\">Abu Dhabi<\/span> where it offers local access to a portfolio of Swiss-regulated financial services.<\/p>\n<p>Strategic growth drivers<\/p>\n<p>Building on its international expansion, Sygnum is leveraging its core business growth to invest in a number of exponential growth drivers.<\/p>\n<p><a href=\"https:\/\/www.sygnum.com\/sygnum-connect\/\" target=\"_blank\" rel=\"noopener\">Sygnum Connect<\/a>, a network designed to make transactions in the global crypto ecosystem faster, cheaper, less risky and more reliable, is currently being scaled-up. The network offers 24\/7 free, instant settlement for fiat, crypto assets, and stablecoins that eliminates counterparty and settlement risks. The network, launched in 2024, places Sygnum at the centre of global crypto ecosystem development, driving capital efficiency, increasing financial system connectivity and enhancing institutional standards.<\/p>\n<p>In response to numerous client requests, Sygnum is also expanding its traditional securities offering that <a href=\"https:\/\/www.sygnum.com\/news\/sygnums-crypto-tradfi-bridge-generates-multi-bn-client-demand-for-traditional-securities\/\" target=\"_blank\" rel=\"noopener\">generated multi-billion client demand<\/a> following its 2023 launch. To further compliment clients&#8217; core digital asset investments, the traditional securities offering will soon also include self-servicing, discretionary mandates and an integrated portfolio view across all asset classes.<\/p>\n<p>Over the past six months, Sygnum has also <a href=\"https:\/\/www.sygnum.com\/news\/sygnum-raises-more-than-usd-40-million\/\" target=\"_blank\" rel=\"noopener\">raised over <span class=\"xn-money\">$40 million<\/span><\/a> via an oversubscribed funding round, leading to its core equity capital reaching &gt;<span class=\"xn-money\">$125 million USD<\/span> equivalent, and the business being valued at <span class=\"xn-money\">$900 million<\/span>. It has also partnered with Fidelity International, Matter Labs and Hamilton Lane on major tokenization projects, and collaborated with Chainlink to provide fund NAV data on-chain.<\/p>\n<p>About Sygnum<\/p>\n<p>Sygnum is a global digital asset banking group, founded on Swiss and <span class=\"xn-location\">Singapore<\/span> heritage. We empower professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets with complete trust. Our team enables this through our institutional-grade security, expert personal service and portfolio of regulated digital asset banking, asset management, tokenisation and B2B services.<\/p>\n<p>In <span class=\"xn-location\">Switzerland<\/span>, Sygnum holds a banking licence and has CMS and Major Payment Institution Licences in <span class=\"xn-location\">Singapore<\/span>. The group is also regulated in the established global financial hubs of <span class=\"xn-location\">Abu Dhabi<\/span> and <span class=\"xn-location\">Luxembourg<\/span>.<\/p>\n<p>We believe that the future has heritage. Our crypto-native team of banking, investment and digital asset technology professionals are building a trusted gateway between the traditional and digital asset economies that we call Future Finance. To learn more about how Sygnum&#8217;s mission and values are shaping this digital asset ecosystem, please visit <a href=\"https:\/\/www.sygnum.com\/\" target=\"_blank\" rel=\"noopener\">sygnum.com<\/a>\u00a0and follow us on <a href=\"https:\/\/www.linkedin.com\/company\/sygnumofficial\/\" target=\"_blank\" rel=\"noopener\">LinkedIn<\/a>\u00a0and <a href=\"https:\/\/x.com\/sygnumofficial\" target=\"_blank\" rel=\"noopener\">X<\/a>.<\/p>\n<p>Disclaimer:\u00a0The information in this publication pertaining to Sygnum Bank AG (&#8220;Sygnum&#8221;) is for general information purposes only, as per date of publication and should not be considered exhaustive. This publication does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. This publication does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets. When making an investment decision, you should either conduct your own research and analysis or seek advice from an expert. No elements of precontractual or contractual relationship are intended. While the information is believed to be from accurate and reliable sources, Sygnum makes no representation or warranties, expressed or implied, as to the accuracy of the information and Sygnum expressly disclaims any and all liability that may be based on such information, omissions, or errors thereof. If nothing is indicated to the contrary, all figures are unaudited. Any statements contained in this publication attributed to a third party represent Sygnum&#8217;s interpretation of the data, information and\/or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. Sygnum reserves the right to amend or replace the information, in part or entirely, at any time, and without any obligation to notify the recipient of such amendment \/ replacement or to provide the recipient with access to the information. Simultaneously, there is no obligation of Sygnum to inform recipients of information, if before provided information later becomes outdated, inaccurate or obsolete, unless otherwise provided by applicable law. The information provided is not intended for use by or distributed to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to the law or regulatory provisions or in which Sygnum does not hold the necessary registration, approval authorization or license. Except as otherwise provided by Sygnum, it is not allowed to modify, copy, distribute or reproduce, display, license, or otherwise use any content for commercial purposes.\u00a0The information herein refers to products and services of Sygnum and therefore constitutes advertising according to Art. 68 of the Swiss Financial Services Act (&#8220;FinSA&#8221;). Nonetheless, this document contains only general material and does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. In particular, this publication does not constitute (i) any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets; (ii) an inducement or incitement to participate in any product, offering or investment; (iii) a prospectus or key information document according to Swiss laws and regulations; nor shall it be construed as such. Where applicable, the full offering documentation of the products mentioned in this publication (such as for example the prospectus, offering memorandum, key information document (Basisinformationsblatt) may be obtained free of charge at Sygnum Bank AG, Uetlibergstrasse 134a, 8045 <span class=\"xn-location\">Zurich, Switzerland<\/span> and\/or by contacting us at <a href=\"https:\/\/www.sygnum.com\/contact\/\">https:\/\/www.sygnum.com\/contact\/<\/a>. Some of the products mentioned in this publication might not qualify as units of a collective investment scheme according to the relevant provisions of the Swiss Federal Act on Collective Investment Schemes (&#8220;CISA&#8221;), as amended, and are not licensed thereunder. Therefore, neither such products nor the issuer is governed by the CISA nor approved by the Swiss Financial Market Supervisory Authority FINMA (&#8220;FINMA&#8221;). 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No offers, sales, resales or deliveries of any products or distribution of any offering material relating to any products may be made in or from any jurisdiction except in circumstances which will result in compliance with any applicable laws and regulations, and which will not impose any obligation on Sygnum. Where applicable, if and to the extent Sygnum has registered its prospectus with a prospectus evaluation body or a regulatory authority, further reference regarding the applicable selling and transfer restrictions is made to such prospectus.\u00a0These materials may include statements that are, or may be deemed to be, &#8220;forward-looking statements&#8221;. These forward-looking statements include, for example, the terms &#8220;believes&#8221;, &#8220;estimates&#8221;, &#8220;plans&#8221;, &#8220;projects&#8221;, &#8220;anticipates&#8221;, &#8220;expects&#8221;, &#8220;intends&#8221;, &#8220;may&#8221;, &#8220;will&#8221; or &#8220;should&#8221; or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Forward-looking statements speak only as of the date they are made. 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Investment decisions should always be taken in a portfolio context and make allowance for your personal situation and consequent risk appetite and risk tolerance. No reliance may be placed for any purpose on the information contained in these materials or its accuracy or completeness. None of the participating authorized offerors, authorized participants, or distributors or any of their respective directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in these materials (or whether any information has been omitted from them) or any other information relating to Sygnum or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of these materials or its contents or otherwise arising in connection therewith.\u00a0<\/p>\n<div>\n<p class=\"prnml4\"><span class=\"prnews_span\"><span class=\"prnews_span\">[i]<\/span>\u00a0Compared to the same period last year.<\/span><\/p>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-6563","post","type-post","status-publish","format-standard","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/6563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6563"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/6563\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}