Pantera Funds Among Firms Listed in Leaked 'SVB Private Fund List Diligence Express'
Pantera Advisors LLC manages four funds with a combined Private Fund Gross Asset Value of over $567 million.
Silicon Valley VC Leaders Issued Joint Statemen on Aftermath of SVB’s Collapse
We would be strongly supportive and encourage our portfolio companies to resume their banking relationship with them.
Stablecoins in Trouble? USDC, DAI, USDD Depeg As SVB Crisis Deepens
Dealing with a heavy sell off, the global digital asset market registered a broad recovery on Saturday morning. Bitcoin, Ethereum price jumped by 3% and 5%, respectively. However, the top stablecoins USDC, DAI, USDD witnessed a heavy depegging as the Silicon Valley Bank crisis continues to haunt the crypto market.
Former US Treasury Secretary Says SVB Collapse Will Not Pose Systemic Risk to Financial System
Silicon Valley Bank has been shut down by regulators in order to protect insured deposits.
Greenoaks Capital VC Firm Warned Founders About SVB Last Year
Venture investment firm Greenoaks Capital Partners warned its startup founders of potential problems at SVB Financial Group’s Silicon Valley Bank last year, months before the bank’s announcement that it was selling assets to shore up capital, according to an email reviewed by Bloomberg News.
Alchemy Pay Has No Exposure to Silicon Valley Bank and Silvergate
Alchemy Pay has no exposure to Silicon Valley Bank and Silvergate, nor do we have any funds deposited in these institutions.
Immutable Has No Exposure to Silvergate or SVB
Immutable have more than A$280M in the bank (predominantly in USD), and do not use financial leverage.
Hedge Fund Manager Expresses Concern on Potential Failure of SVB, Calling for Government Bailout
Ackman suggested that if private capital is unable to provide a solution, a highly dilutive government-preferred bailout should be considered.
Stablecoin Issuer Circle Holds Cash at Troubled Silicon Valley Bank and Silvergate Bank
Silvergate announced its wind-down and liquidation plan; the share of SVB Financial plunged by 60%.
