Swiss Digital Asset Bank opens a Metaverse hub


Digital Asset Bank Sygnum is opening a Metaverse Hub later this month to showcase its Web3 product innovations and provide an entry point for investors into the emerging crypto-fueled Metaverse economy.

The Swiss crypto-bank will officially launch the ‘Decentraland hub’ during a live event, which will take place within the virtual hub itself, on Tuesday, September 27, 2022. To attend the event, visitors visit Decentralized be transported directly to Sygnum Bank’s virtual hub. No specialized software is required, setup and entry should take minutes.

Sygnum will use Decentraland as a Web3 portal to the emerging metaverse economy and is located in Decentraland’s self-proclaimed virtual equivalent of New York’s Times Square.

CryptoPunk #6808 can be found at Sygnum hub reception

Sygnum’s virtual hub contains a lobby complete with a CryptoPunk receptionist, an interactive NFT gallery and a showroom for future launches and events. The featured receptionist is based on CryptoPunk #6808, a top notch NFT that the bank tokenized in December 2021.

The 3D world Decentraland officially opened its virtual doors to the public in February 2020 and has since hosted a series of high profile events. Metaverse Fashion Week hosted a range of world-renowned luxury brands, including Dolce & Gabbana, hogan and Paco Rabanne within Decentraland in March 2022. This metaverse world operates a cryptocurrency known as MANA to enable the purchase of virtual land, goods and services.

Visitors can control an avatar to explore the building and learn about Sygnum’s vision for future finance. They can also learn more about the bank itself by visiting the ‘Sygnum Crypto Garden’. By interacting with CryptoPunk Receptionist #6808, visitors can also find an explanation that the bank wants to “promote new ways to communicate and connect with our community.”

Martin Burgherr, Sygnum
Martin Burgherr, Client Director, Sygnum

According to a recent McKinsey reportthe metaverse has the potential to reach a value of $5 trillion by 2030. The report also suggests that the metaverse will be able to meet the demand for enhanced user experiences as the personal, digital, physical, Financial and social are increasingly linked by connected devices.

Martin BurgerChief Customer Officer of Sygnum, said, “Investment in Metaverse is ramping up, propelled by crypto retail transactions and a new generation of users comfortable with socializing, shopping and working in virtual spaces.

“Our new metaverse hub is the natural place to showcase Sygnum’s Web3 innovations and provide a reliable entry point for investors into the future fast-growing financial economy.”

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