Banking Capital Markets News

Valour Confirms No Exposure to Silvergate Bank, Signature Bank or Silicon Valley Bank

Valour Confirms No Exposure to Silvergate Bank, Signature Bank or Silicon Valley Bank

Valour’s partially owned bank, SEBA Bank AG, is expanding onboarding resources due to higher customer demand amidst recent banking developments

Valour Inc. confirms, in connection with the Company’s commitment to providing transparent information, that neither itself nor any of its operating subsidiaries have any exposure to Silvergate Bank, Signature Bank or Silicon Valley Bank.

The company also confirms that SEBA Bank AG, one of its strategic investments, has no exposure to Silvergate, Silicon Valley Bank, or USDC “The strategic decision to acquire a stake in one of two digital assets licensed banks by the Swiss regulator FINMA, SEBA Bank has proven to be paying off, particularly during difficult times like these. SEBA bank has no exposure to USDC, Silvergate or Silicon Valley Bank and is seeing more interest from potential customers during the last days,” said Olivier Roussy Newton, Chief Executive Officer of Valour, who also holds a seat on SEBA’s management board. The security and safety of investors’ funds will always remain the Company’s top priority.

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Valour Cayman offers fully hedged digital asset ETPs with low to zero management fees, with product listings across European exchanges, banks and broker platforms. Valour Cayman’s existing product range includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Enjin (ENJ), Valour Bitcoin Carbon Neutral, and Valour Digital Asset Basket 10 (VDAB10) ETPs with low management fees. Valour Cayman’s flagship products are Bitcoin Zero and Ethereum Zero, the first fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee free.

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About Valour

Valour Inc. is a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets and finance. Founded in 2019, Valour is backed by an acclaimed and pioneering team with decades of experience in financial markets and digital assets. Valour’s mission is to expand investor access to industry-leading Web3 and technologies. This allows investors to access the future of finance via regulated equity exchanges using their traditional bank account and access.

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