'Inundated with requests': Digital currency firms look to Swiss banks after crypto-friendly lenders fail

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'Inundated with requests': Digital currency firms look to Swiss banks after crypto-friendly lenders fail
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Crypto firms are scrambling to find institutions to bank with after the collapse of Signature Bank and Silvergate Capital.

but it has not deterred crypto companies.

"Over the past weeks as the current banking industry events have unfolded, we have seen a significant increase in onboarding enquiries from various international locations," Castley said, adding that Sygnum's location in both Switzerland and Singapore is attractive to companies.

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