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BlockTower Capital Funds Had Exposure to Silvergate, Signature Bank

BlockTower Capital Funds Had Exposure to Silvergate, Signature Bank
© Copyright Image: Crypto Breaking News

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.

Source: CoinDesk

The post BlockTower Capital Funds Had Exposure to Silvergate, Signature Bank appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/blocktower-capital-funds-had-exposure-to-silvergate-signature-bank/

Text source: Crypto Breaking News

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Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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