Happy Friday! The Weekly Market Highlights is an initiative from the Binance Research team to round up the week, summarizing key market events and views from the team.

🔎 Macro / TradFi

• First Citizens BancShares has acquired Silicon Valley Bank. The deal includes the purchase of ~US$72B of SVB’s loans at a US$16.5B discount and the transfer of $56B worth of the bank’s deposits.