banking relationships
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Animoca Brands clarifies banking relationship with Silvergate Bank and Silicon Valley Bank
It is reported that Animoca Brands issued a shareholder information announcement, saying that it would like to clarify to its shareholders that there is no banking business between the company and Silvergate Bank or Silicon Valley Bank. The company maintains multiple banking relationships around the world, and is currently closely monitoring the capital balance. Animoca Brands: There is no banking business with Silvergate or Silicon Valley banks Analysis based on this information:Animoca Brands, a Hong Kong-based mobile game developer, recently issued a shareholder information announcement regarding its banking relationships. The announcement clarifies that the company has no banking business with Silvergate Bank or Silicon Valley Bank. Animoca Brands maintains several banking relationships across the globe, and it is closely monitoring its capital balance. The statement appears to have been issued in response to rumors circulating in the market that Animoca Brands has a banking relationship with Silvergate Bank and Silicon Valley Bank. The company has deemed it necessary to clarify…
