In June of this year, the Signet.com domain name sold byGarry Chernoff for $300,000 via Afternic. This sale is presently one of the 25 largest publicly reported domain name sales of 2018. Until recently, the buyer of the domain name was private, but we now know the domain name was acquired by Signature Bank.
Signature Bank will be using Signet.com for a proprietary digital payments platform. Per the website, the platform will officially launch on January 1, 2019. The company distributed a press release earlier this month to introduce the Signet platform. Here’s an excerpt from the release with more details about Signet:



