Sygnum, a global digital asset banking group, announced it has completed its Strategic Growth Round, raising $58 million. This funding gives the company a post-money valuation exceeding $1 billion. The round was led by Fulgur Ventures, a venture capital firm specializing in Bitcoin technologies, alongside other strategic and financial investors. Supporting Growth and Expansion The […]
Standard Chartered has launched its digital asset custody service in the United Arab Emirates (UAE), marking a significant step in the bank’s expansion into the digital asset sector. Brevan Howard Digital, the digital asset division of the British hedge fund Brevan Howard, is the first client to use this new service. The custody offering, which […]
State Street, a major global custody bank overseeing $44.3 trillion in assets, has announced a partnership with Swiss digital asset infrastructure provider Taurus. This collaboration aims to enhance State Street’s digital asset services by focusing on the tokenization of traditional assets, with plans to expand into digital asset custody once the regulatory environment in the […]