Silvergate Bank

Silvergate Bank

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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.

Binance.US CEO Catherine Coley

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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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Silvergate Bank: How Deep Is the Moat?

Silvergate Bank has pioneered financial services for crypto startups. But now it faces new rivals. Can it deepen its competitive moat?

Castle and moat

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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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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.

ErisX CEO Thomas Chippas (CoinDesk archives)

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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 earnings report released before market open on Wednesday.

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Crypto Firm Deposits Jump 24% in Q1 at Metropolitan Commercial Bank

Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020.

METROPOLITAN: The bank’s crypto business accounts for around 4 percent of total deposits. (Credit: Shutterstock)

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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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Legacy Trust's Crypto Spin-Off Receives $3M to Roll Out Asian Settlement Platform

First Digital Trust has won backing from Taiwan-based Nogle for its upcoming Asia-focused crypto settlement solution for institutions.

TR Lab is based in Hong Kong.