Sygnum: Awarded Abu Dhabi in-principle approval
- Sygnum is the world’s first digital asset bank, and a digital asset specialist with a global reach
- Leverages its oversubscribed USD 90m Series B to expand internationally into Abu Dhabi’s high-growth crypto-hub
- Appoints executive experienced in the Middle East market to open an office and service local USD 25bn
- Continued to grow its global client base to nearly 1,500 and team to over 200. Key to expanding this global reach
- The New Middle-East hub will serve the local market with a crypto-native suite of digital asset banking, asset management
- Target clients will range from blockchain firms moving to the UAE for its well-regulated crypto environment
