"American billionaire applies for a chartered bank license

Support for cryptocurrency startups»

According to ChainCatcher, a group of billionaires from Silicon Valley has applied for a chartered bank license, planning to establish a national bank to support startups involved in businesses such as cryptocurrency. After the collapse of Silicon Valley Bank in March 2023, financing has been difficult for cryptocurrency startups. The new bank is named "Gushan", with major investors including Silicon Valley's big backers of the Republican government, such as Peter Thiel. The bank will offer both traditional and virtual currency products, targeting innovative economy enterprises and individuals. It is headquartered in Columbus, Ohio, with an office in New York City, providing online services. @YouLongQiePian Community
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