News list for " in Switzerland"
Switzerland and Singapore-based crypto bank Sygnum raised $58 million at a valuation of $1 billion. The new capital will be used to expand its product portfolio with a focus on Bitcoin technology, expand its institutional infrastructure, strengthen its compliance team and explore strategic acquisition opportunities. Proceeds will also help Sygnum's European Union expansion plans and build a regulated business in Hong Kong.
Switzerland-based Hashgraph Group has received a fund management license from Abu Dhabi Global Market (ADGM) in the United Arab Emirates. Hashgraph Ventures Manager, a subsidiary of Hashgraph Group, has been granted a license allowing it to launch a $100 million Web3 venture capital fund from Abu Dhabi Global Market (ADGM). Hashgraph Group will contribute $20 million, or 20% of the fund, as seed capital. The fund will focus on investing in Hede...
Brighty, a digital finance platform headquartered in Switzerland, announced the completion of a $10 million financing round with the participation of Futurecraft Ventures. Brighty supports real-world crypto card payments and aims to solve financial pain points such as poor crypto user experience and lack of transparency. The new funds are intended to be used to expand the business in Europe and the UK. (techfundingnews)
On September 10th, Franz Bergmüller, CEO of Switzerland-based crypto bank Amina, said that the company is applying for a virtual asset service provider (VASP) license from the Austrian financial marekt authority. Bergmüller said that the bank must form a new team before it can do business or generate revenue in Austria. Franz Bergmüller said: "As a bank, we are close to breaking even, but for now we have deliberately decided to prioritize investment growth." It is reported that Amina, formerl...
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