Zhu Su: I have had a lot of business dealings with two banks, Silvergate and Signature

According to reports, Zhu Su, the co founder of Sanjian Capital, posted on social media that he had extensive business dealings with two banks, Silvergate and Signature, which are excellent and customer oriented crypto friendly banks. Unfortunately, the macro environment shows weaknesses in its underlying business model.

Interpretation of this information:

The message is about the experience of Zhu Su, the co-founder of Sanjian Capital, with two banks that are crypto-friendly – Silvergate and Signature. The post he made on social media described these banks as being excellent with customer service, and he claimed to have had extensive business dealings with them. However, despite these banks being customer-friendly, there are weaknesses in their underlying business model due to the macro-environment.

From the message, it can be assumed that Sanjian Capital deals with cryptocurrencies, and therefore, they require banks that are crypto-friendly to handle their transactions, which is where Silvergate and Signature come in. These two banks are exemplary when it comes to customer service, and this is probably what made Su post about them on social media.

The use of the terms “macro-environment” and “underlying business model” indicates that there are larger forces at play that are affecting the performance of these banks. It is possible that economic volatility or changes in regulations have had an impact on their operations, despite their customer-centric approach.

The message highlights the importance of finding banks that are accommodating to the needs of businesses that deal with cryptocurrencies. Silvergate and Signature are two examples of banks that are crypto-friendly, but even they are not immune to external factors that can impact their operations.

In summary, the message reveals that despite excellent customer service, Silvergate and Signature banks are experiencing weaknesses in their business model due to macro-environmental factors. The three keywords that can be derived from the content are: Sanjian Capital, crypto-friendly banks, macro-environment.