Crypto VCs ask portfolios to pull funds from Silicon Valley Bank

Crypto VCs ask portfolios to pull funds from Silicon Valley Bank


AMB Crypto
2023-03-10 10:00:34

Crypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank. SVB Financial Group, the parent company of Silicon Valley Bank, lost more than 60% of its value on 9 March. Crypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank, which is struggling