Singapore, 18 December 2024 – The Singapore headquarters of Sygnum – a global digital asset banking group – Sygnum Pte. Ltd. (Sygnum Singapore), today announced its partnership with Moomoo Singapore to distribute its multi-manager fund to accredited investors on moomoo, a digital investment and wealth management platform with over 1 million users in Singapore.
Moomoo Singapore is Sygnum Singapore’s first distribution partner for an asset management product. Both Moomoo Singapore and Sygnum Singapore hold the Major Payment Institution Licence and Capital Markets Services Licence.
Echo Zhao, Country Head, Moomoo Singapore says, “As digital assets enter the mainstream and gain widespread adoption, many high net worth clients now view digital assets as a key component of a modern and resilient portfolio. These clients are not just seeking diversification, but also the opportunity to capitalise on the huge growth potential of this asset class. As the nascent digital asset market continues to evolve and mature, investors can look to active management to fully maximise the returns on their investments. We are confident that Sygnum’s expertise in this space will bring about significant opportunities for our clients.”
Gerald Goh, Sygnum’s Co-Founder and CEO APAC says, “With the SEC’s approval of the Bitcoin and Ethereum ETFs earlier this year, awareness of managed crypto funds has grown further. Navigating the broader crypto asset market is not without challenges, and at Sygnum, our mission from Day One has been to empower everyone to invest in digital assets with complete trust. This partnership with Moomoo is groundbreaking for the digital asset space and we are glad to be able to better support their clients in managing their exposure to this asset class.”
About Moomoo Financial Singapore
Moomoo Financial Singapore Pte. Ltd. (Moomoo Singapore) is an award-winning advanced financial technology company transforming the investing experience through our digitalised brokerage and wealth management platform – moomoo. Moomoo enhances the user experience with market data, news, and powerful analytical tools. Moomoo also embeds a unique digitalised investment community to connect all users, investors, companies, analysts, media and key opinion leaders.
Moomoo Singapore offers investment products for trading via the moomoo platform, and it is a Capital Markets Services licence holder regulated by the Monetary Authority of Singapore (Licence No. CMS101000), Major Payment Institution (Licence No. PS20200617) holder with the Exempt Financial Adviser Status. In April 2024, Moomoo Singapore reached the 1 million users milestone in Singapore.
Moomoo Private Wealth offers bespoke investment strategies for HNW and institutional clients. Backed by its cutting-edge technology platform, Moomoo Private Wealth offers a portfolio of innovative investment products that rival that of traditional private banks and has been recognised by Asia Banking and Finance for its product excellence.
About Sygnum
Sygnum is the world’s first digital asset bank, founded on Swiss and Singapore heritage. We empower professional and institutional investors, banks, corporates and DLT foundations to invest in the digital asset economy with complete trust. Our team enables this via personal, expert service and secure, convenient access to our integrated portfolio of crypto banking, asset management, tokenisation and B2B banking services.
Sygnum is a licenced Swiss bank with its group of companies regulated in the established global financial hubs of Singapore, Abu Dhabi and Luxembourg. We believe that the future has heritage. Our diverse crypto-native team of banking, investment and digital asset technology professionals are building a trusted, regulated bridge between the traditional and digital asset economies that we call Future Finance. To learn more about how Sygnum is shaping this trusted digital asset ecosystem, please visit www.sygnum.com
Media contacts
Deborah Tan-Pink
SVP, Marketing & Communications
[email protected]
Sygnum Pte Ltd
3 Fraser Street, #04-22
DUO Tower
Singapore 189352
Disclaimer
This document was prepared by Sygnum Pte. Ltd. This document may contain forward-looking statements and may be subject to change. The opinions expressed herein are those of Sygnum Pte. Ltd., its affiliates, and partners at the time of writing. The document is for informational purposes only and contains general material. It is for use by the recipient only. It does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum Pte. Ltd. to purchase or sell assets or securities. It is not intended to be used as a general guide to investing and should be used for informational purposes only. When making an investment decision, you should either conduct your own research and analysis or seek advice from an expert to make a calculated decision. The information and analyses contained in this document have been compiled from sources believed to be reliable. However, Sygnum Pte. Ltd. makes no representation as to its reliability or completeness and disclaims all liability for losses arising from the use of this information.
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