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Here are the Businesses Banking with SVB and their Approximate Deposits
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- TaggedWeb
- @TheTaggedWeb
SVB bank collapsed last week in the second Largest Bank Failure in U.S. History. As of early last week, here were the companies that were banking with SVB along with their approximate deposits.
| Company | Approx Deposits in USD |
|---|---|
| Circle | $3.3 billion |
| Roku | $487 million |
| BlockFi | $227 million |
| Roblox | $150 million |
| Ginkgo Bioworks | $74 million |
| iRhythm | $55 million |
| Rocket Lab | $38 million |
| Sangamo Therapeutics | $34 million |
| Lending Club | $21 million |
| Payoneer | $20 million |
It is unconfirmed how much exposure these companies continue to have.
UPDATE:
Federal Reserve Board announced today Mar 12, 2023 that depositors, deposits with SVB will made made whole without bailing out the bank.