FTX has reached a settlement with Evolve Bank and the Silicon Valley Community Foundation (SVCF), which could allow it to recover up to $21 million in assets. The agreement is pending court approval and a hearing will be held on November 20. Previously, Evolve Bank held more than $13 million in an account for FTX affiliate West Realm Shires Services Inc. Under the agreement, Evolve Bank will retain $462,700 as compensation expenses and waive all related claims.