Silvergate Company Intelligence
June 7, 2022, 1:58PM EDT • 26 min read Quick Take $2.5bn Market Capitalization as of June 2022 following their Nov-19 initial public offering La Jolla, California based commercial bank operating since 1988 with expansion into digital assets starting in 2013 Operates the Silvergate Exchange Network (SEN), allowing clients to convert between stablecoins and fiat 24 / 7 / 365 SEN Leverage product provides SEN clients U.S. denominated loans collateralized by Bitcoin holdings Provides digital asset clients with crypto custody …