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'Everybody's in Limbo': Bank Chaos Leaves Crypto With Dwindling Options.
- Source :
- Bloomberg.com; 3/19/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- To be sure, venture capital firms are helping portfolio companies find new banking partners. (Bloomberg) -- Crypto startups are left searching for alternative banking solutions after the collapse of three US banks with ties to the digital-asset industry and its backers. Many of the VC firms that helped pour a record $31 billion into blockchain startups last year were also SVB depositors who are likely to pull back on speculative investments. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 162513152