Signature Bank (SBNY)

[UpTickMeA$AP]

After the voluntary liquidation of Silvergate — another bank that operated in the crypto world — earlier this month, Signet was the only place many companies had to quickly send payments to exchanges, vendors or handle administrative needs like making payroll.

“The essential de-banking of crypto from 24/7 RTP rails may leave the industry with little option but to look to other geographies and jurisdictions, according to sector observers,” PYMNTS observed earlier this month.

https://www.pymnts.com/cryptocurrency/2023/fdic-seeks-buyer-for-signatures-signet-crypto-platform/


It sounds like SIGNET is a key platform, and technology for crypto in the US. What's it's valuation!?!