Silvergate Took $4.3B in Deposits From Digital Currency Customers in Q2
The majority of the bank’s new deposits came from cryptocurrency exchange clients.
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Jul 20, 2021 at 2:42 p.m. UTC
Jul 20, 2021
Silvergate Exchange Network
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Fidelity Now Extends Bitcoin-Backed Loans Through Silvergate
The custodian began offering cash loans collateralized by bitcoin last December but is now adding Silvergate customers to the mix.
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Mar 29, 2021 at 2:08 p.m. UTC
Mar 29, 2021
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Binance.US Joins SEN, Silvergate’s 24/7 Crypto Trading Club
Binance.US has joined the Silvergate Exchange Network (SEN), a 24/7 instant settlement network operated by Silvergate Bank.
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Nov 9, 2020 at 7:59 p.m. UTC
Nov 9, 2020
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Silvergate Bank Sees 40% Increase in Deposits From Digital Currency Customers
Silvergate Bank added $586 million in new deposits from firms and individuals in the cryptocurrency industry in the third quarter of 2020.
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Oct 26, 2020 at 1:39 p.m. UTC
Oct 26, 2020
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Stablecoin Growth Knocks Silvergate Exchange Network Volume Over $100B
All-time transaction volume on the Silvergate Exchange Network (SEN), a fiat pathway into bitcoin markets, has reached $100 billion.
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Oct 6, 2020 at 3:04 p.m. UTC
Oct 6, 2020
Silvergate's Bitcoin-Backed Lending Product Grew 80% in the Last Quarter
Silvergate Bank continued to add a steady drip of crypto customers in Q2 2020 but its issuance of bitcoin-collateralized loans is what stood out.
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Jul 27, 2020 at 2:51 p.m. UTC
Jul 27, 2020
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Institutional Trading House ErisX Joins Silvergate Exchange Network
ErisX, a crypto exchange for institutional investors, has joined the payments network of bitcoin-friendly Silvergate Bank.
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Jul 21, 2020 at 2:00 p.m. UTC
Jul 21, 2020
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Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels
Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earn...
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Apr 29, 2020 at 1:23 p.m. UTC
Apr 29, 2020
Silvergate Bank Resolves Wire Transfer Issue That Kept Transactions in Limbo
Crypto-friendly Silvergate Bank resolved the last of its wire transfer issues Tuesday morning, said CEO Alan Lane.
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Mar 24, 2020 at 8:25 p.m. UTC
Mar 24, 2020
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Few Banks Will Touch Crypto Firms, but Silvergate Wants to Touch Bitcoin Itself
Silvergate made its name providing fiat banking services for crypto businesses. Now, CEO Alan Lane wants the bank to handle digital assets themselves.
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Jan 30, 2020 at 10:00 p.m. UTC
Jan 30, 2020