Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream.
Cryptocurrency banking group Sygnum is preparing to enter multiple markets after securing $58 million in an oversubscribed strategic growth round.
Sygnum has achieved unicorn status with a post-money valuation of more than $1 billion, the company said in an announcement shared with Cointelegraph on Jan. 14.
Sygnum plans to enter multiple regions with fresh proceeds, develop Bitcoin (BTC)-focused products and pursue strategic acquisitions.
