The Singapore headquarters of Sygnum a global digital asset banking group Sygnum Pte. Ltd. (Sygnum Singapore), announced its partnership with Moomoo Singapore to distribute its multi-manager fund to accredited investors on moomoo, a digital investment and wealth management platform with over 1 million users in Singapore.
Moomoo Singapore is Sygnum Singapore’s first distribution partner for an asset management product. Both Moomoo Singapore and Sygnum Singapore hold the Major Payment Institution Licence and Capital Markets Services Licence.
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Echo Zhao, “As digital assets enter the mainstream and gain widespread adoption, many high net worth clients now view digital assets as a key component of a modern and resilient portfolio. These clients are not just seeking diversification, but also the opportunity to capitalise on the huge growth potential of this asset class. As the nascent digital asset market continues to evolve and mature, investors can look to active management to fully maximise the returns on their investments. We are confident that Sygnum’s expertise in this space will bring about significant opportunities for our clients.”
Gerald Goh, “With the SEC’s approval of the Bitcoin and Ethereum ETFs earlier this year, awareness of managed crypto funds has grown further. Navigating the broader crypto asset market is not without challenges, and at Sygnum, our mission from Day One has been to empower everyone to invest in digital assets with complete trust. This partnership with Moomoo is groundbreaking for the digital asset space and we are glad to be able to better support their clients in managing their exposure to this asset class.”
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Source – https://www.sygnum.com/
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