Swiss Crypto Bank Sygnum will open a Metaverse hub in Decentraland

Quick take:

  • Sygnum’s metaverse hub will include a CryptoPunk receptionist, NFT gallery and event space.
  • He will also present the innovations of Sygnum’s Web3 products.
  • The hub will officially launch on September 27.

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

In the three-story hub, users can learn more 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 showcasing exhibits curated by Sygnum, its clients, and major creators, and a showroom with a performance stage and event space for live events, conferences, launches and concerts.

With roots in Switzerland and Singapore, Sygnum has also been an active, native member of the Web3 community since its inception, with projects such as tokenizing top-notch NFT Cryptopunk #6808; and regulated Ethereum staking 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 linked by connected devices, Sygnum is expanding its ported into the metaverse to capture new users and respond to consumer demands for improved yser experiences.

“Investment in the metaverse is ramping up, fueled by crypto retail transactions and a new generation of users completely comfortable socializing, 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 economy of future finance,” said Martin Burgherr, Chief Client Officer of Sygnum. .

Sygnum is officially launching its Decentraland metaverse hub with a live event on September 27 at 11 a.m. CET.

Sygnum joins other metaverse banks such as JP Morgan, which opened its Onyx lounge in Decentraland in February, and HSBC, which acquired land at The Sandbox in March to connect with virtual communities of sports enthusiasts, d esports 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 whole new kind of service for younger generations.

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