Swiss Digital Asset Bank Sygnum to Open a Metaverse Hub

Sygnum announced the opening of the first metaverse hub by 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 it features a CryptoPunk receptionist, interactive NFT gallery and event space.

Decentraland is the first and largest metaverse which leverages a crypto asset called MANA to facilitate gaming and the purchase of virtual land, goods and services in the space. Sygnum's three-storey hub 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 complex. Areas include the SYGN lounge with a CryptoPunk receptionist, an interactive NFT gallery featuring curated exhibitions from Sygnum, its clients and leading creators, plus an exhibition hall for events and launches.

"Metaverse investment is ramping up, powered by crypto-enabled retail transactions and a new generation of users completely at home with socialising, 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,"said Martin Burgherr, Sygnum Chief Clients Officer.