Wemade, Strategic Investment in Signum, the 2nd Global Digital Asset Bank | Ruri Web

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– Participated in investment with Tencent and Animoca brands in Wemade and Signum Bank Series B funding

– WeMade, Signum, NFT, DeFi, etc., seeking collaboration in blockchain business

Wemade Co., Ltd. (CEO Jang Hyun-guk) made strategic investments by participating in the Series B funding round of Sygnum Bank of Switzerland, the second largest digital asset bank in the world.

This Series B funding includes Chinese big tech company Tencent, global game-NFT developer and crypto venture capital Animocha Brand, Hong Kong-based Sun Hongkai as lead investor, Canadian-based asset management company Meta Investment, and other major DeFi (Decentralized Finance) Protocol and others participated in the investment.

Signum, the world’s first digital asset bank, recorded a 10-fold increase in consolidated sales in 2021 compared to the previous year. During the same period, the number of clients, including financial institutions, banks, corporations, and individual investors, reached 1,000.

Signum was highly evaluated for its growth potential, and after this funding round, its corporate value of $800 million was recognized. Based on this, it will expand its business such as Web 3.0, new global market entry, and DeFi.

Wemade CEO Jang Hyun-guk said, “We decided to invest in consideration of the explosive growth potential of the digital asset market.

By Lee Myung-gyu, staff reporter [email protected]