These companies have deposits in Silicon Valley Bank. Check list here
According to The Kobeissi Letter, Circle holds $3.3 billion, Roku $487 million, BlockFi $227 million, Roblox $150 million, Ginkgo Bio $74 million, iRhythm $55 million, Rocket Lab $38 million, Sangamo Therapeutics $34 million, Lending Club $21 million and Payoneer and $20 million, in deposits.
CNBC reported that SVB had roughly $209 billion in total assets and $175.4 billion in total deposits as of the end of December. The Federal Deposit Insurance Corporation (FDIC) said it was unclear what portion of those deposits were above the insurance limit.
How will this affect them moving forward, if at all?
According to The Kobeissi Letter, Circle holds $3.3 billion, Roku $487 million, BlockFi $227 million, Roblox $150 million, Ginkgo Bio $74 million, iRhythm $55 million, Rocket Lab $38 million, Sangamo Therapeutics $34 million, Lending Club $21 million and Payoneer and $20 million, in deposits.
CNBC reported that SVB had roughly $209 billion in total assets and $175.4 billion in total deposits as of the end of December. The Federal Deposit Insurance Corporation (FDIC) said it was unclear what portion of those deposits were above the insurance limit.
How will this affect them moving forward, if at all?