Swiss Crypto Bank Sygnum to Open Metaverse Hub in Decentraland

Quick grip:

  • Sygnum’s metaverse hub will contain a CryptoPunk receptionist, NFT gallery, and event space.
  • It will also show Sygnum’s Web3 product innovations.
  • The hub will be officially launched on September 27th.

Swiss crypto bank Sygnum announced today the opening of a metaverse hub in the virtual equivalent of Times Square in New York in Decentraland.

In the three-story hub, users 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 with exhibits curated by Sygnum, its clients and key creators, and an exhibition hall with a stage and space for live streaming events, conferences, launches and concerts.

With roots in Switzerland and Singapore, Sygnum has also been an active and crypto-native member of the Web3 community since its inception, with projects including the tokenization of a blue-chip NFT, Cryptopunk # 6808; and regulated the staking of Ethereum on open blockchains, as well as trading and asset management products for DeFi applications.

The bank is also a member of the governance board of Klaytn, a Korean crypto blockchain and regional leader for games, the metaverse and the creator economy.

According to a McKinsey report released in June, the metaverse has the potential to reach $ 5 trillion by 2030. With personal digital, physical, financial and social worlds increasingly connected by connected devices, Sygnum is expanding its reach into the metaverse to capture new users and meet consumer demands for improved yser experiences.

Investments in Metaverse are increasing, fueled by cryptocurrency-enabled retail transactions and a new generation of completely at-home users with socializing, shopping and working in virtual spaces. Our new metaverse hub is the natural place to showcase Sygnum’s Web3 innovations and provide a reliable entry point for investors into the fast-growing future finance economy, ”said Martin Burgherr, Sygnum’s Chief Clients Officer.

Sygnum officially launches its Decentraland metaverse hub with a livestream event on September 27 at 11:00 CET.

Sygnum joins other metaverse banks such as JP Morgan, which opened its Onyx Lounge in Decentraland in February, and HSBC, which acquired a parcel of land in The Sandbox in March to connect with virtual communities of sports, esports enthusiasts. and games.

Korean banking institution KEB Hana Bank also opened a metaverse branch in The Sandbox in July, saying the partnership will open the door to a new type of service to cater to the younger generation.

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