Crypto Bank Sygnum Opens Metaverse Hub

Switzerland-based crypto bank and asset manager Sygnum has announced that it will open a hub on its metaverse platform Decentraland at the end of September.
 Crypto Bank Sygnum Opens Metaverse Hub
READING NOW Crypto Bank Sygnum Opens Metaverse Hub

Switzerland-based crypto bank and asset manager Sygnum has announced that it will open a hub on its metaverse platform Decentraland at the end of September.

The work done in the metaverse, which is described as the virtual world and the technology of the future, is increasing. Cryptocurrency bank Sygnum is establishing a hub within the metaverse that brings together many different and interrelated industries.

Sygnum to Open Metaverse Center in Decentraland

Sygnum will open a hub on its metaverse platform, Decentraland, towards the end of September. Scheduled to officially open on September 27 with a livestream event, the center will feature a CryptoPunk receptionist, NFT gallery and event space. It will also showcase the bank’s web3 product innovations and provide an entry point for investors into the metaverse economy.

Sygnum chief customer officer Martin Burgherr said in a statement:

“Our new headquarters in the Metaverse is a natural place to showcase Sygnum’s Web3 innovations and provide investors with a reliable entry point into the fast-growing future financial economy.”

Sygnum, which holds a Swiss banking license and a Singapore asset management license, offers a variety of crypto services, including spot and options trading, custody, crypto-backed fiat loans, corporate banking and wealth management products. In order to expand these services, it creates a new foot in the metaverse.

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