Venture capital institutions
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Mechanism, Pantera and other crypto VCs urged portfolio companies to withdraw capital from Silicon Valley banks
It is reported that the venture capital institutions in the encryption field such as Mechanism Capital, Eden Block, Pantera Capital are urging their portfolio companies to withdraw their capital from Silicon Valley Bank. Interpretation of this information: There seems to be a growing trend in the encryption industry where venture capital institutions are urging their portfolio companies to move their capital out of Silicon Valley Bank. These include prominent players in the industry such as Mechanism Capital, Eden Block, and Pantera Capital. The reasons for this move are not entirely…
