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Hong Kong Real Estate Giant Firm Led $90M Raise For Sygnum Crypto Bank

January 7, 2022
Source: econintersect.com econintersect.com
News Snapshot:
One of the biggest property developers in Hong Kong, Sun Hung Kai, continues betting on the crypto sector by investing in the Swiss cryptocurrency bank Sygnum.rr rrThe bank officially announced on January 6, 2022, that it closed a $90 million Series B round that was led by Sun Hung Kai. Sun Hung Kai is a real estate giant and alternative investment company in Hong Kong.rrSun Hung Kai allegedly became the largest seller of new homes in Hong Kong this month. Based on the groupu2019s executive chairman Lee Seng Huang, the firm has a strategic vision of expanding its fund management...
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