Not only $USDC: These crypto heavyweights might also be exposed to $SVB collapse, WuBlockchain says
Colin Wu shared statistics retrieved from automated services that index data about ADV forms — public disclosures investing firms should make as part of compliance with U.S. SEC regulations. It looks like the ongoing collapse might be painful for many Web3 VC heavyweights.Today, on March 11, Colin Wu shared documents that were"autoscrapped" from SEC filings of U.S. companies.
Unverified US SEC ADV file data shows that a16z-related funds in Silicon Valley Bank was $2.85 billion , Paradigm-related funds was $1.72 billion , Pantera-related funds was $560 million .
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