Silvergate receives investments from DCG to aid FinTech Deposits

Silvergate receives investments from DCG to aid FinTech Deposits

Digital Currency Group (DCG), the crypto venture capital firm declared its investment in Silvergate Capital Corporation which has sold over 9.5 million shares through private placement offer. The offer helped the firm in securing $114 million which would be used to aid fintech deposit initiatives. The founder of DCG, Barry Silbert, tweeted and revealed their participation in the offer.

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