Sygnum: Cryptocurrency spot trading volume doubled year-on-year in the first half of the year

Digital asset bank Sygnum announced in a report that its cryptocurrency spot trading volume doubled year-on-year in the first half of this year, with crypto derivatives trading volume increasing by 500% and loan numbers growing by more than 360%. The company achieved profitability in the first half of this year. In addition, Sygnum plans to significantly expand its MiCA-compliant regulatory scope through 30 countries in the European Union and European Economic Area in the first quarter of 2025, as well as expanding its regulated business in Hong Kong.