Argo Blockchain (ARBK) notes the recent news regarding Silicon Valley Bank (SIVB( and Silvergate Bank and can confirm that neither Argo Blockchain, nor any of its subsidiaries, have any exposure to either institution. Separately, a subsidiary of Argo held a portion of its operating funds in cash deposits at Signature Bank (SBNY) in New York, which are secure and available for use as of Monday, March13.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ARBK:
