2023-03-12
Top 10 companies with most assets held in Silicon Valley Bank before bank run happened.
1. Circle $3.3 billion
Circle the issuer of USDC has
suffered the most from the collapse of Silicon Valley Bank. From its $40
billion reserves, Circle has $3.3 billion of its assets remain in Silicon
Valley Bank.
2. Roku $487 million
Roku sells streaming devices. 26 percents of its cash deposited in
Silicon Valley Bank. The rest 76% of its cash worth $1.4 billion deposit in other
financial institutions.
3. BlockFi $227 million
Blockfile filed for bankruptcy in
November 2022 has $227 million worth of assets deposited in
Silicon Valley Bank.
4. Roblox $150 billion
5 percent of Roblox’s cash deposited in Silicon Valley Bank which
equivalent to $150 million. Roblox total cash is $3 billion.
5. Ginkgo Bio $74 million
Ginkgo Bio is a biotechnology startup company. The company went
public in 2021.
6. iRhythm $54 million
iPhythm has $54.5 million stuck in Silicon
Valley Bank.
7. Rocket Lab $38 million
8. Sangamo Therapeutics $34 million
9. Lending Club $21 million
Lendclub said $21 million stuck in Silicon Valley Bank does not post
risk to the company’s financial status.
10. Payoneer $20 million
