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Sygnum founding member of Swiss Metaverse Association - Metassociation

Sygnum founding member of Swiss Metaverse Association – Metassociation

Crypto

With the launch of the Swiss Metaverse Association, Sygnum is honoured to be a founding member of this ecosystem building a future-proof, innovative foundation to enable metaverse projects in Switzerland.

The goal of this association, recently founded in Bern, is to create a broad-based metaverse ecosystem to advocate for attractive framework conditions in Switzerland and enable the creation of new business models, companies and jobs.

The Swiss Metaverse Association (short: Metassociation) is chaired by Tina Balzli, Partner and Head of Fintech & Blockchain at CMS Switzerland, and Alexandra Hofer, Senior Consultant at furrerhugi.

“With this association, we are laying important foundations to position Switzerland as an innovative and forward-looking location that enables metaverse projects. As an association, we network the relevant players, initiate projects, and promote dialogue and education,” says the newly elected Co-President, Tina Balzli.

Proactively addressing metaverse questions

Various events are planned within the framework of the Swiss Metaverse Association, and working groups are being formed to address specific issues and topics. Current priorities include tax, the industrial metaverse, regulation, arts and culture, research and education, insurance and banking, technology and infrastructure, health, and tourism and sports.

Sygnum and the metaverse – home of the future USD 5 trillion crypto-powered economy

Sygnum is the first Swiss bank to open a metaverse hub in the virtual equivalent of New York’s Times Square. The Decentraland hub is Sygnum’s Web3 portal to the emerging USD 5 trillion metaverse economy, featuring a CryptoPunk receptionist, interactive NFT gallery and event space.

“Metaverse investment is ramping up, powered by crypto-enabled retail transactions and a new generation of users completely at home with socialising, shopping and working in virtual spaces. The metaverse is the natural place for Sygnum to showcase Web3 innovation and provide a trusted entry point for investors into the fast-growing Future Finance economy,” says Martin Burgherr, Sygnum Chief Clients Officer.

The metaverse is an always-on interactive 3D world built on open blockchain technology that allows users to socialise, play games, work and earn, shop and develop new skills. As personal digital, physical, financial and social worlds become increasingly linked by connected devices, the demand for enhanced user experiences also continue to rise. The metaverse has the potential to deliver these enhanced experiences and reach a value of USD 5 trillion by 2030[1], according to McKinsey research.

Read more about the Swiss Metaverse Association launch here.

Founding members of the Swiss Metaverse Association:

1of1 | All.Art | Andy Was Right | Armin Strom | Bandara | Bern Expo | Bucherer | CMS Schweiz | Die Mobiliar | Ericsson | EY | furrerhugi | gfm | Gurtenfestival | Gebäude Versicherung Bern | Heuking | Hochschule Luzern | i.AM Lab | Inacta | Kaleido Privatbank | Kellerhals Carrard | LGT | MCH Messe Schweiz | Meta | MME | NZZ Connect | Pirx / AEX-1 | PrimeTax | Pro Senectute Beider Basel | QoQa | Richemont | Schule für Gestaltung, Bern und Biel | SDX | Sir Mary | SNGLR | Sunrise | Swiss Football League | Swisscom | Sygnum Bank | Tokengate | Trust Square | Universität Luzern, Institut für Marketing und Analytics | Universität St.Gallen (IRM-HSG), Forschungszentrum für Handelsmanagement, Gottlieb Duttweiler Lehrstuhl | Weisse Arena Gruppe | Worldline Schweiz | Claudio Tessone (University of Zurich) | Zenya Kwan

Ecosystem Partner:

Digital Stadt Bern

[1] McKinsey & Company Report – Value Creation in the Metaverse, June 2022

Learn more about digital asset banking at Sygnum here.

Disclaimer: The information in this publication pertaining to Sygnum Bank AG (“Sygnum”) is for general information purposes only, as per date of publication, and should not be considered exhaustive. This publication does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. This publication does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets. No elements of precontractual or contractual relationship are intended. While the information is believed to be from accurate and reliable sources, Sygnum makes no representation or warranties, expressed or implied, as to the accuracy of the information. Sygnum expressly disclaims any and all liability that may be based on such information, omissions, or errors thereof. Any statements contained in this publication attributed to a third party represent Sygnum‘s interpretation of the data, information and/or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. Sygnum reserves the right to amend or replace the information, in part or entirely, at any time, and without any obligation to notify the recipient of such amendment / replacement or to provide the recipient with access to the information. Simultaneously, there is no obligation of Sygnum to inform recipients of information, if before provided information later becomes outdated, inaccurate or obsolete, unless otherwise provided by applicable law. The information provided is not intended for use by or distributed to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to the law or regulatory provisions or in which Sygnum does not hold the necessary registration, approval authorisation or license. Except as otherwise provided by Sygnum, it is not allowed to modify, copy, distribute or reproduce, display, license, or otherwise use any content for commercial purposes.

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The information in this publication pertaining to Sygnum Bank AG (“Sygnum”) is for general information purposes only, as per date of publication, and should not be considered exhaustive. This publication does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. This publication does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets. No elements of precontractual or contractual relationship are intended. While the information is believed to be from accurate and reliable sources, Sygnum makes no representation or warranties, expressed or implied, as to the accuracy of the information. Sygnum expressly disclaims any and all liability that may be based on such information, omissions, or errors thereof. Any statements contained in this publication attributed to a third party represent Sygnum‘s interpretation of the data, information and/or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. Sygnum reserves the right to amend or replace the information, in part or entirely, at any time, and without any obligation to notify the recipient of such amendment / replacement or to provide the recipient with access to the information. Simultaneously, there is no obligation of Sygnum to inform recipients of information, if before provided information later becomes outdated, inaccurate or obsolete, unless otherwise provided by applicable law. The information provided is not intended for use by or distributed to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to the law or regulatory provisions or in which Sygnum does not hold the necessary registration, approval authorization or license. Except as otherwise provided by Sygnum, it is not allowed to modify, copy, distribute or reproduce, display, license, or otherwise use any content for commercial purposes.

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