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'Everybody's in Limbo': Bank Chaos Leaves Crypto With Dwindling Options.

Authors :
Miller, Hannah
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