Sygnum: the first Swiss bank to open a metaverse hub

  • Sygnum’s metaverse hub is located in the virtual equivalent of New York’s Times Square, and it features a CryptoPunk receptionist, interactive NFT gallery and event space
  • Official public launch and livestream event in Decentraland are on 27 September 2022 at 11:00am CET
  • The hub showcases Sygnum’s Web3 product innovations and provides a trusted entry point for investors into the emerging USD 5 trillion crypto-powered metaverse economy

Zurich, 1 September 2022 – Sygnum announces the opening of the first metaverse hub by a Swiss bank 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, and it features a CryptoPunk receptionist, interactive NFT gallery and event space.

Sygnum officially launches its Decentraland metaverse hub with a livestream event on 27 September 2022 at 11am CET. To attend the public event, visitors are invited to click here to be teleported directly into the Sygnum hub. No special software or instructions are required, and entry takes only a few moments.

The metaverse – home to a future USD 5 trillion crypto-powered economy

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.

Decentraland is the first and largest metaverse which leverages a crypto asset called MANA to facilitate gaming and the purchase of virtual land, goods and services in the space. Sygnum’s three-storey hub is located in the virtual equivalent of New York’s Times Square. Users’ avatars can learn about Sygnum in the Crypto Garden and experience Sygnum’s vision of Future Finance in action throughout the complex. Areas include the SYGN lounge with a CryptoPunk receptionist, an interactive NFT gallery featuring curated exhibitions from Sygnum, its clients and leading creators, plus an exhibition hall for events and launches.

Sygnum – a crypto-native financial institution in the metaverse

Sygnum believes that the metaverse, enabled by Web3 technologies, is evolving into the next iteration of the internet. Rooted in Swiss and Singapore heritage, Sygnum has also been an active, crypto-native member of the Web3 community since its inception, with projects including:

  • Tokenizing a blue-chip NFT, Cryptopunk #6808
  • Developing products, including regulated Ethereum staking, on open blockchains
  • Regulated trading and asset management products for Decentralised Finance (DeFi) applications
  • Membership with the governance council of Klaytn, Asia’s leading crypto blockchain and regional leader for gaming, metaverse and the creator economy
  • Providing computing power for DFINITY’s Internet Computer (ICP)

says “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. Our new metaverse hub is the natural place to showcase Sygnum’s Web3 innovations and provide a trusted entry point for investors into the fast-growing Future Finance economy.”

Martin Burgherr, Sygnum Chief Clients Officer

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

Sygnum’s metaverse hub in Decentraland

Click below to watch and download a video tour of Sygnum’s metaverse hub in Decentraland, located at land parcel (-7,12) https://vimeo.com/744962204/36ff2caa78

SYGN lounge – Ground Floor

Visitors to Sygnum’s SYGN lounge will be greeted by a CryptoPunk receptionist, the CryptoPunk #6808 NFT tokenized by Sygnum. Read about it here
NFT Gallery – Second Floor

The interactive NFT gallery, located on the second floor, provides an interactive setting for Sygnum, its clients and leading creators to showcase projects. This space is open to all Decentraland players, collectors and fans
Exhibition Hall – Top Floor

The exhibition hall features a performance stage and event space for livestream events, conferences, launches and concerts

END

About Sygnum

Sygnum is the world’s first digital asset bank, and a digital asset specialist with global reach. With Sygnum Bank AG’s Swiss banking licence, as well as Sygnum Pte Ltd’s capital markets services (CMS) licence in Singapore, Sygnum empowers professional and institutional clients or qualified investors (e.g., corporates, banks, and other financial institutions) to invest in the digital asset economy with complete trust. Sygnum operates an independently controlled, scalable, and future-proof regulated banking platform. Our interdisciplinary team of banking, investment, and Distributed Ledger Technology (DLT) experts is shaping the development of a trusted digital asset ecosystem. The company is founded on Swiss and Singapore heritage and operates globally. To learn more about Sygnum, please visit www.sygnum.com.

Media Contact:
E: [email protected]

Sygnum Bank AG
Uetlibergstrasse 134a
8045 Zürich
Switzerland

Disclaimer

This document is purely for educational purposes and has been issued by Sygnum Group. It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a marketing communication. It does not constitute an offer or a recommendation to subscribe, purchase, sell or hold any security or financial instrument. It contains the opinions of Sygnum Group, as at the date of issue. These opinions and the information contained herein do not take into account an individual‘s specific circumstances, objectives, or needs. No representation is made that any investment or strategy is suitable or appropriate to individual circumstances or that any investment or strategy constitutes personalized investment advice to any investor. Therefore, you must verify the above and all other information provided in the document or otherwise review it with your external advisors. Some investment products and services, including custody, may be subject to legal restrictions or may not be available worldwide on an unrestricted basis. The information and analysis contained herein are based on sources considered as reliable. Sygnum Group uses its best efforts to ensure the timeliness, accuracy, and comprehensiveness of the information contained in this document. Nevertheless, all information indicated herein may change without notice.

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