Despite SVB & Silvergate Collapse, Major Banks Remain in Crypto

The crypto landscape has weathered significant storms, including the collapse of Silicon Valley Bank (SVB) and Silvergate. Over the course of a single week we witnessed, in quick succession, the collapse of three of the most crypto-friendly banks in the U.S. – Silvergate, Silicon Valley Bank. This raised concerns about the future of banking relationships within the digital asset industry.

However, reports of the death of institutional involvement in crypto are greatly exaggerated. Despite these challenges, major banks continue to navigate and participate in the crypto space.

Major Banks Still Invested in Crypto Custody and Beyond

Regulators are now looking to fix the weak links in the US banking system revealed by Silvergate, Signature and SVB, and one of those is the exposure of smaller banks. This doesn't signal a complete retreat from crypto; instead, it's prompting a more cautious and regulated approach.

For instance, consider BNY Mellon. On Oct. 11, 2025, BNY Mellon announced the official launch of its digital custody platform for institutional clients to hold Bitcoin (BTC) and Ether (ETH). BNY Mellon reports having $43 trillion in assets under custody, though it has not disclosed how much of that total includes BTC and ETH holdings. This demonstrates a significant commitment to providing secure custody solutions for digital assets.

Ver más. Even beyond custody, other major financial institutions are exploring and investing in various aspects of the crypto ecosystem, including blockchain technology, tokenization, and digital asset trading platforms. While the road ahead may be more carefully regulated, the involvement of established banks suggests a growing acceptance and integration of crypto into the traditional financial system.