[Updated] Digital asset bank Sygnum raises $88.5m Series B led by HK's Sun Hung Kai 

[Updated] Digital asset bank Sygnum raises $88.5m Series B led by HK's Sun Hung Kai 

FILE PHOTO: Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration/File Photo

Editor’s Note: This story has been updated to include the name of at VinaCapital Ventures that has also participated in the round

Singapore- and Switzerland-based digital asset bank Sygnum has raised $88.5 million (S$120 million) in a Series B funding round led by Hong Kong alternative financial services firm Sun Hung Kai & Co.

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