New York’s Crypto Friendly Signature Bank Reveals $8 Billion in Deposit Growth this Quarter, with 2.5% of them from Blockchain Firms

New York-based Signature Bank (Nasdaq: SBNY), a cryptocurrency-friendly commercial bank with around $50 billion in total assets, has reported consistent and steady growth this quarter. According to the bank’s recent earnings call, it has achieved around $8 billion in deposit growth. Approximately 2.5% of these… Read More
Read more in: Blockchain & Digital Assets, Fintech, General News | Tagged commercial banking, company performance, crypto-assets, customer deposits, digital assets, joseph j. de paolo, new york, signature bank, united states, us