Silvergate Capital serves Crypto Clients

Silvergate Capital serves Crypto Clients

The Silvergate Capital Corporation, the parent company of SilverGate Bank, has disclosed its relationship with the cryptocurrency industry in its IPO filing with the U.S. Securities and Exchange Commission (SEC). The company renders services to 483 crypto clients. The company quoted, “The majority of our funding comes from non-interest bearing deposits associated with clients in the digital currency industry.”

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