Eyad Mahadeen_ Gino Wirthensohn

Swiss digital asset bank Sygnum expands its services to Abu Dhabi

Swiss digital asset bank Sygnum leverages its oversubscribed USD 90m Series B to expand internationally into Abu Dhabi’s high-growth crypto-hub. The bank “has received an in-principle approval from the Abu Dhabi Global Market’s Financial Services Regulatory Authority (“FSRA”), tapping into increasing demand for cryptocurrencies in the region. 

Sygnum’s new Middle-East hub will serve the local market with a crypto-native suite of digital asset banking, asset management, tokenization and B2B banking services regulated by FINMA in Switzerland. Target clients will range from blockchain firms moving to the UAE for its well-regulated crypto environment to existing local crypto foundations and projects to “traditional” institutional investors and HNWI looking for trusted crypto asset exposure through a regulated partner. 

Abu Dhabi Global Market legal team is headed by Eyad Mahadeen (pictured left), chief legal officer and board secretary 

Sygnum legal department is headed by Zurich based Gino Wirthensohn, chief legal, compliance & RegTech officer, member of the Group Executive Board. 

Swiss digital asset bank Sygnum expands its services to Abu Dhabi

suzan.taha@lcpublishinggroup.it

legalcommunitymena.com

Launched in 2022 by LC Publishing Group S.p.A., it is the first digital portal addressed to the Middle East North Africa market.

In terms of contents, the website focuses on both law firms and in-house legal departments, covering the latest news and rumors on deals and operations (and the related advisors) as well as on lateral hires, moves and new appointmens and providing insights, analytical data and opinions on the professions’ main trends and topics (AI, innovation, etc.).

For further information, please visit the Group’s website www.lcpublishinggroup.com

Legalcommunity MENA
LC Publishing Group S.p.A. – Via Tolstoi 10 – 20146 Milano – Tel. 0236727659 – C.F./P.IVA 07619210961
REA 1971432 Registro delle Imprese di Milano – Cap. Soc. Euro 50.000,00 i.v.

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram