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Crypto bank Sygnum achieves unicorn status with new funding round that gives it a valuation of $1 billion

Fortune
Summary
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79% Informative

Sygnum, a crypto bank based in Switzerland , has raised $58 million .

The round was led by Bitcoin -focused investment firm Fulgur Ventures .

The bank manages about $5 billion for over 1,700 clients in more than 60 countries.

Competitors include Revolut , Mercury , and Monzo .

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78

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75

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91

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informal

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English

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53

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medium-lived

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1

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