: SVB was the primary lender and banking partner for nearly half of all US venture-backed startups, including a significant portion of the cryptocurrency and Web3 sector [2, 3].
: When SVB was shuttered by regulators in March 2023, many of its specialized digital endpoints and API services were either frozen or moved to a "bridge bank" (Silicon Valley Bank, N.A.) [2, 4]. coinapp.svb
: While a public "Coinapp" was not a retail product like Coinbase, the "coinapp" prefix suggests it was part of SVB's API banking or digital asset custody suite, allowing crypto firms to integrate their treasury management with traditional fiat banking [1, 2]. The Impact of the SVB Collapse (March 2023) : SVB was the primary lender and banking