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LayerZero: Zero risk exposure to Silicon Valley Bank

2023-03-11 09:48:39

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ChainCatcher message, full-chain interoperability protocol LayerZero Labs co-founder and CEO Bryan Pellegrino tweeted that LayerZero has zero exposure to Silicon Valley Bank, with only a negligible funding account at the bank (approximately 0.3% of liquid funds), most of which is within the limits of the Federal Deposit Insurance Corporation. (source link)

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LayerZero Silicon Valley Bank

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LayerZero Silicon Valley Bank

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