Research

⬆️ Nearly 500 crypto startups bank at Silvergate, IPO filing reveals

Messari

Nov 23, 2018 ⋅  1 min read

In its S-1 prospectus, filed on Nov. 16, Silvergate Capital disclosed that the bank now serves 483 crypto clients, with a combined $1.7 billion in non-interest-bearing deposits as of Q3 2018. The number of clients is up from 114 on Sept. 30, 2017, marking an increase of 323 percent.

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