Sentiment: Positive
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Breaking: Crypto-Friendly SVB Acquired By First Citizens Bank At 99% Discount
By Varinder Singh at 2025-01-04 17:49
Sentiment: Positive
First Citizens Bank acquires Silicon Valley Bank (SVB) for $500 million. The crypto-friendly Silicon Valley Bank bank was worth $40 billion a year ago, now it’s acquired at a 99% discount. First Citizens BancShares will take over $119 billion in deposits. First Citizens BankShares holding company of First Citizens Bank was in advance talks to The post Breaking: Crypto-Friendly SVB Acquired By First Citizens Bank At 99% Discount appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Bitcoin News #bank #Bitcoin #bitcoin price #Crypto Market #Silicon Valley Bank #United States
Source CoinGape