Former UBS CEO puts his faith in Swiss crypto start-up


Peter Wuffli, former Group CEO of UBS, has been nominated to the Board of Directors of Sygnum. As a member of Sygnum's Advisory Council and an active investor from the outset, Peter Wuffli has already made important strategic contributions to building the company.


Sygnum aims to provide clients and partners with an integrated solution to securely issue, store, trade and manage digital assets such as tokenised shares and investment products. The company that has closed a financing round in the double digit millions last year is in the regulatory process of obtaining a Swiss banking and securities dealer license and a Capital Markets Services license in Singapore. Peter Wuffli’s appointment - subject to the formal election by an Extraordinary General Assembly of shareholders - complements the Board's already strong industry experience and supports Sygnum's strategy for growth and sustainable value creation. Luka Müller-Studer, Sygnum Chairman & Co-Founder: "We are thrilled that Peter Wuffli is further strengthening his personal commitment to and involvement in Sygnum. His experience and knowledge will play an important role in successfully driving our next phase of development and will be instrumental in further reinforcing our efforts to build a trusted digital assets ecosystem." "I strongly believe in the potential of distributed ledger technology and continue to be impressed with Sygnum's setup and the quality of its people. I very much look forward to contributing to Sygnum's success story and appreciate the confidence put in me by the Founders and the Board", adds Peter Wuffli. (Press release / SK)Picture: Peter Wuffli / Sygnum