Signature Financial institution particularly served the likes of Paxos Belief and Celsius and different main crypto corporations that suffered on account of the choices taken by the Federal Deposit Insurance coverage Company and New York State Division of Monetary Companies.

In the meantime Silicon Valley Financial institution (SVB) reportedly dealt with over $5 billion of funds for a handful of cryptocurrency enterprise capital funds together with Andreessen Horowitz (a16z), Paradigm and Pantera Capital lately.