Banking Partners

It is reported that after the collapse of Silicon Valley Bank, Signature Bank (SBNY) and Silvergate, Digital Currency Group (DCG) is trying to find new banking partners for portfolio companies. DCG: Santander Bank, HSBC Bank and Deutsche Bank are still willing to provide services for encryption companies Analysis based on this information:Digital Currency Group (DCG), one of the most prominent investment firms in the blockchain industry, is reportedly trying to find new banking partners for its portfolio companies. This comes after the collapse of Silicon Valley Bank, where DCG had a significant number of accounts, and the recent changes in banking relationships with Signature Bank (SBNY) and Silvergate. The shift to new banking partners is expected to help DCG’s portfolio companies, many of which are related to cryptocurrencies or blockchain technology, access the banking services they need to operate and grow their businesses. The collapse of Silicon Valley Bank, which had been one of the largest banks in the blockchain…

According to reports, Martin Burgherr, the chief customer officer of the Swiss-based Sygnum Bank, said in an interview that after Silvergate Capital Corporation

According to the report, the official website of Circle, the issuer of stable currency, said that due to the continued uncertainty of Silvergate Bank, today Ci…

It is reported that two insiders told The Block that Coinbase will continue to cooperate with JPMorgan Chase. When asked to comment, Coinbase pointed out that …