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Silicon Valley - Russ Hanneman - Cryptocurrency S5E7But the tone quickly shifted, as a major crypto company revealed late Friday that it had billions of dollars trapped in Silicon Valley Bank. � �. Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank all provided banking services to cryptocurrency firms in the form of holding the. U.S. cryptocurrency firm Circle said it has $ billion of its $40 billion of USD Coin reserves at the collapsed lender Silicon Valley Bank.