Sygnum is the first Swiss bank to open a hub in the Metaverse

Sygnum announces the opening of the first metaverse hub of 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 features a CryptoPunk receptionist, an interactive NFT gallery and an event space.

Sygnum will officially open the Decentraland Metaverse Hub with a livestream event on 27 September 2022, at 11am CET. To participate in the event, visitors only need to click on https://bit.ly/SygnumWeb3 to be teleported directly to the Sygnum Hub. No special software or instructions are required and entry only takes a few moments.

Three sticks in New York's Times Square

Decentraland is the first and largest metaverse and uses a cryptocurrency called MANA to enable gaming and the purchase of virtual land, goods and services in the space. Sygnum's three-storey centre 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 three-story complex. Areas include the SYGN Lounge with a CryptoPunk receptionist, an interactive NFT gallery with curated exhibitions from Sygnum, clients and leading artists, and an exhibition hall for events, launches and functions.

Sygnum - a crypto financial institution in the metaverse

Sygnum believes that the metaverse enabled by Web3 technologies will evolve into the next iteration of the Internet. Sygnum has its roots in Switzerland and Singapore and has been an active, crypto-minded member of the Web3 community since its inception, with projects such as

• Tokenisation of a blue-chip NFT, Cryptopunk #6808
• Development of products, including regulated Ethereum stakingon open blockchains
• Regulated trading and asset management products for decentralised financial applications (DeFi)
• Membership of the Governance Council of Klaytn, Asia's leading crypto blockchain and regional leader in gaming, metaverse and creator economy
• Provision of computing power for the Internet computer (ICP) from DFINITY

"Metaverse investment is on the rise, fuelled by crypto-enabled retail transactions and a new generation of users who are comfortable 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," says Martin Burgherr, Sygnum's Chief Clients Officer."

Source: moneycab / Sygnum