BlockTower Capital Funds Had Exposure to Silvergate, Signature Bank

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: https://www.coindesk.com/business/2023/03/13/blocktower-capital-funds-had-exposure-to-silvergate-signature-bank/?utm_medium=referral&utm_source=rss&utm_campaign=headlines