SBI Group, Sygnum and Azimut aim to close $75m debut blockchain fund by mid-2022

SBI Group, Sygnum and Azimut aim to close $75m debut blockchain fund by mid-2022

Photo: Hitesh Choudhary/Unsplash

SBI Group, Sygnum and Azimut Holding are aiming to fully close their $75-million joint debut blockchain venture fund by mid-2022, according to senior executives at the firm.

The SBI-Sygnum-Azimut Digital Asset Opportunity (DAO) Fund launched in September, bringing together three companies in crypto and financial services to collectively invest in emerging blockchain opportunities.

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