Sygnum closes $40M funding round, valuing the crypto banking group at $900M

Switzerland-based crypto banking group Sygnum has successfully closed a funding round, raising $40 million and achieving a valuation of $900 million. The company’s CEO, Mathias Imbach, expressed gratitude for the trust shown by investors in the challenging macroeconomic environment and highlighted Sygnum’s commitment to building trust through regulation and good governance. Investment manager Azimut Holdings