Hedge funds

According to reports, hedge fund investment company Citadel once proposed to purchase $3.3 billion of cryptocurrency technology company Circle deposits in Silicon Valley banks at a certain discount, but negotiations between the two sides ultimately collapsed. (Wall Street Journal) Citadel has proposed to acquire Circle’s $3.3 billion deposit with a Silicon Valley bank at a certain discount Analysis based on this information:Reports suggest that Citadel, a hedge fund investment company, attempted to buy $3.3 billion worth of Circle deposits, a cryptocurrency technology company in Silicon Valley. The deal was supposed to have happened at a discounted price, but negotiations between the two parties came to a halt. The news has breathed new life into the debate about the future of cryptocurrency and the role it plays in institutional investing. Hedge fund firms like Citadel have shown an increasing interest in investing in cryptocurrencies, especially Bitcoin, as they seek to diversify their portfolios beyond traditional assets. Circle, a platform that enables…

It is reported that a few days ago, it was reported that Oak Capital and other hedge funds planned to purchase the assets of Silicon Valley banks at a discount. Oak Capital responded to the reporter on the evening of March 13, Beijing time, “no comment”. Oak Capital:; Proposed to purchase the assets of Silicon Valley Bank at a discount" No comment on the news Analysis based on this information:According to recent reports, Oak Capital, along with other unidentified hedge funds, has shown signs of interest in purchasing the assets of Silicon Valley banks at a discount. This move demonstrates the financial pressure currently faced by many banks in the Silicon Valley area, most notably as a result of the ongoing pandemic, which has negatively impacted the global economy. While the exact identity of the other hedge funds in question have not been revealed, the decision of Oak Capital to provide “no comment” when questioned could indicate that talks or…

According to reports, the US financial media Semafor quoted people familiar with the matter as reporting that hedge funds are proposing to purchase the start-up deposits of Silicon Valley Bank (SVB) at a price as low as 60% of the face value. After SVB was taken over by the Federal Deposit Insurance Corporation of the United States, Oaktree, a well-known non-performing debt investment company, began to lend a helping hand to startups. According to the report, this bid range reflects the expectation of how many uninsured deposits will eventually be recovered once the bank’s assets are sold or liquidated. According to the previous report of The Information, the traders of the investment bank Jeffrey are also contacting the founders of the start-up companies whose funds are trapped and proposing to purchase their deposit claims at a discount price. Hedge funds propose to purchase the startup deposits of Silicon Valley Bank at a discount Analysis based on this information:The US financial…

According to reports, Martin Burgherr, the chief customer officer of the Swiss-based Sygnum Bank, said in an interview that after Silvergate Capital Corporation