Silicon Valley Bank : Traditional Finance and Crypto are Intertwined

Silicon Valley Bank is bridging the gap between traditional finance and cryptocurrency. They are demonstrating that the two are not mutually exclusive, but rather intertwined. SVB is leveraging its expertise in traditional finance to provide services to the cryptocurrency industry, such as banking, lending, and investment services. This is helping to create a more secure and reliable environment for cryptocurrency transactions. SVB is also helping to bring more legitimacy to the cryptocurrency industry, making it easier for businesses to accept and use digital currencies. By combining the best of both worlds, Silicon Valley Bank is helping to create a more efficient and secure financial system.

#Silicon #Valley #Bank #Traditional #Finance #Crypto #Intertwined

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So, now they try to spin it as if the existence of crypto were the cause of bank collapses?


Delete this Crapto **SHIT** !
Bitcoin is never even mentioned in the text.


tldr; Mar 14 Member-only The crypto fallout from 2022 with Celsius, Voyager, 3AC and FTX continues to be far reaching and spreading to traditional finance. On March 8 Silicon Valley Bank surprised investors with news that it needed to raise $2.25 billion to shore up it’s balance sheet.

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