🚀 Crypto hot news: Sygnum Bank Switzerland reaches profit after crypto trading volume skyrockets in the first half of 2024!

- Spot crypto transactions doubled, derivatives transactions increased 500%, loan volume increased 360%

- Driven by newly approved Bitcoin and Ethereum ETFs in the US

- Sygnum's ETP products include BTC, ETH, SOL, ADA, DOT and many other major coins

- 42% of Sygnum customers' ETH is staked through the bank's staking service

Sygnum continues to expand:

- Valuation at $900 million after raising $40 million in January

- Expanding into the European market, complying with MiCA regulations by Q1 2025

- Licensed in Luxembourg from 2022

- Cooperation with more than 20 banks, allowing more than 1/3 of the Swiss population to trade crypto

- Expanding into the Asia-Pacific region, including Hong Kong

What do you think about Sygnum's development? Comment now! 💬