Tag : Silvergate

Silvergate Capital Corporation Announces Full Repayment of Silvergate Bank’s Remaining Deposit Liabilities
Banking Fintech News

Silvergate Capital Corporation Announces Full Repayment of Silvergate Bank’s Remaining Deposit Liabilities

Business Wire
Silvergate Capital Corporation, the holding company for Silvergate Bank (the “Bank”), today announced that, in connection with the previously disclosed plan to wind down the operations of and voluntarily liquidate the Bank in an orderly manner and in accordance with applicable regulatory processes (the “Bank Liquidation”), the Bank has fully......
Silvergate Provides Statement on Minimal Exposure to BlockFi
Digital Asset Management News

Silvergate Provides Statement on Minimal Exposure to BlockFi

Fintech News Desk
Silvergate Capital Corporation, the leading provider of innovative financial infrastructure solutions to the digital asset industry, announced a business update, citing that its deposit relationship with BlockFi Inc. is limited to less than $20 million of its total deposits from all digital asset customers as of November 28, 2022. BlockFi......
Silvergate Provides Statement on Digital Asset Market Volatility
Digital Asset Management News

Silvergate Provides Statement on Digital Asset Market Volatility

Fintech News Desk
Silvergate Capital Corporation, the leading provider of innovative financial infrastructure solutions to the digital asset industry, issued the following statements regarding recent digital asset market volatility. “As a prudentially regulated bank, we manage our balance sheet to provide liquidity for our clients while maintaining a strong capital position in excess......
Silvergate Announces 24/7 Customer Support to Enable Growth of the Digital Asset Industry
Digital Asset Management News

Silvergate Announces 24/7 Customer Support to Enable Growth of the Digital Asset Industry

Fintech News Desk
The enhanced support model complements Silvergate’s existing 24/7 payments platform, creating a holistic banking experience Silvergate Capital Corporation, the leading provider of innovative financial infrastructure solutions to the digital asset industry, announced enhancements to its operations to provide customer support 24 hours a day, 7 days a week. “Offering a......
Diem Announces Partnership with Silvergate and Strategic Shift to the United States
Blockchain Digital Payments News

Diem Announces Partnership with Silvergate and Strategic Shift to the US

Fintech News Desk
The Diem Association is pleased to announce a partnership between its wholly-owned subsidiary, Diem Networks US, and Silvergate Capital Corporation. Under this partnership, Silvergate Bank will become the exclusive issuer of the Diem USD stablecoin. The Association is also announcing a strategic shift to the United States, resulting in a......
Silvergate Expands Reach of Bitcoin Collateralized USD Loans, Announces Fidelity Digital Assets
Cryptocurrency Fintech News

Silvergate Expands Reach of Bitcoin Collateralized USD Loans, Announces Fidelity Digital Assets

Fintech News Desk
The announcement increases capital efficiency in the digital assets space and continues the rapid growth of SEN Leverage Silvergate Capital Corporation, the leading provider of innovative financial infrastructure solutions to the digital currency industry, announced Fidelity Digital Assets, a leading institutional focused execution and custody services platform provider, as a......
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