Crypto Bank Sygnum Brings On Ex-CFTC Chief to Steer Regulatory Efforts
Sygnum, a Swiss-based digital asset bank, has enlisted former U.S. Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo as a senior policy adviser. The appointment signals Sygnum’s strategic focus on regulatory compliance as institutional crypto adoption gains momentum.
Giancarlo, dubbed ’crypto dad’ for his progressive stance during his CFTC tenure (2017-2019), will guide the firm’s global regulatory framework. His hiring coincides with Sygnum’s expansion into key markets including Singapore and the UAE.
The bank recently achieved unicorn status after securing $58 million in funding led by Fulgur Ventures, underscoring growing investor confidence in regulated crypto banking services.