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BlockTower Capital Funds Had Exposure to Silvergate, Signature Bank

Altszn.com by Altszn.com
March 13, 2023
in Blockchain, Crypto, DeFi, Web3
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BlockTower Capital Funds Had Exposure to Silvergate, Signature Bank
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According to the Form ADV Filing dated May 11, 2022, the BlockTower Blue Signum SPV fund, which had about $4.6 million in gross asset value at the time of the filing, used Silvergate Bank as its sole custodian. The BlockTower DeFi SPV I fund ($74.6 million in gross assets) also listed only Silvergate, while the BlockTower Gamma Point Master Fund ($89 million) had Signature Bank as the custodian

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Read More: www.coindesk.com

Tags: bankBlockTowerCapitalDeFiExposureFundsSignatureSilvergate
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