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Silicon Valley Bank Partners with Forge to Provide Private Market Liquidity to Innovation Economy Clients through Forge Platform

1. SVB partners with Forge for private market liquidity management solutions. 2. Clients will access structured liquidity events and controlled transactions. 3. Demand for secondary market liquidity solutions is increasing rapidly. 4. SVB's partnership enhances access for institutional investors and innovative companies. 5. First Citizens BancShares has $200 billion in assets, bolstering FCNCA's position.

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Why Bullish?

The partnership strengthens FCNCA's product offering and expands its market reach, as historical partnerships in similar sectors often led to enhanced revenue streams. For instance, when banks partner with fintech firms, they typically see increased customer engagement and service growth.

How important is it?

The partnership directly links to FCNCA's core banking operations and growth strategy, making it significantly relevant and likely to influence stock price positively.

Why Long Term?

The strategic partnership with Forge aims to meet long-term market demands, similar to how other banks have successfully leveraged fintech alliances to create sustainable growth over time.

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SVB clients will now have preferred access to Forge's services and solutions tailored for private market liquidity management , /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank serving companies throughout the innovation economy, announced today it has entered into a partnership with Forge Securities LLC, a wholly owned subsidiary of Forge Global Holdings, Inc. ("Forge,") (NYSE: FRGE). Forge is a leading provider of marketplace infrastructure, data services, technology, and investment solutions for the private market. The new referral partnership will provide Silicon Valley Bank clients with Forge's private liquidity solutions to manage their cap table, diversify their investor bases and help retain employees. "As we continue to see companies staying private longer, the need for secondary market liquidity has become a key need for our client base," said Marc Cadieux, President of Silicon Valley Bank. "By introducing private companies to Forge's platform, we're creating more opportunities for our clients to access the capital they need to scale with confidence and offer their valued employees liquidity options." Benefits of the Silicon Valley Bank and Forge partnership for companies and shareholders, include: Issuer-led structured liquidity events, including tender offers and secondary sales Controlled shareholder transactions for employees, founders, or early investors Access to 19K+institutional investors looking to invest in private companies Private market transactions via a trusted platform "Demand for trusted, flexible liquidity solutions is growing—and this partnership is a powerful response to that demand," said Eric Thomassian, Executive Vice President of Private Company Relations at Forge. "Forge is proud to work with Silicon Valley Bank to offer their clients tailored capital solutions that support long-term company growth while meeting the liquidity needs of employees, investors, and founders. Together, we're unlocking new pathways to value creation in the private market." Forge offers a trusted trading platform and proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors navigate and transact in the private market. The partnership offers Silicon Valley Bank clients, some of the world's most innovative companies and investors, access to Forge's secondary liquidity solutions at scale. About Silicon Valley BankSilicon Valley Bank (SVB), a division of First Citizens Bank, is the bank of some of the world's most innovative companies and investors. SVB provides commercial banking to companies in the technology, life science and healthcare, private equity, and venture capital industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights, and connections. SVB's parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA), is a top 20 U.S. financial institution with over $200 billion in assets. First Citizens Bank, Member FDIC. Learn more at svb.com About ForgeForge (NYSE: FRGE) is a leading provider of marketplace infrastructure, data services and technology solutions for private market participants. Forge Securities LLC is a registered broker-dealer and a Member of FINRA that operates an alternative trading system. SOURCE Silicon Valley Bank WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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