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Crypto-Friendly Silvergate Bank IPO Debuts on NYSE



The U.S. Securities and Exchange Commission (SEC) has declared the IPO of pro-crypto Silvergate Bank effective. Its shares started trading on the New York Stock Exchange on Thursday. The crypto-friendly bank works with 756 customers in the crypto space, including Coinbase, Gemini, Circle, Bitstamp, Kraken, and Bittrex. The bank has attributed significant growth to its crypto business.

Also read: 23 Central Banks Divulge Their Digital Currency Requirements

Silvergate Bank’s IPO

The U.S. SEC declared the initial public offering (IPO) of crypto-friendly Silvergate Bank effective on Wednesday. Its common stock subsequently began trading on the NYSE on Thursday under ...

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