Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Silvergate Provides Mid-Quarter Update and Announces Participation in Oppenheimer's 5th Blockchain & Digital Assets Summit By: Silvergate Capital Corporation via Business Wire November 16, 2022 at 17:44 PM EST Silvergate Capital Corporation (“Silvergate” or the “Company”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital asset industry, today announced that Chief Executive Officer Alan Lane will provide a mid-quarter business update at Oppenheimer's 5th Blockchain & Digital Assets Summit at 2:55 p.m. ET on Thursday, November 17, 2022. Interested investors and other parties can access a live webcast of the fireside chat by visiting the investor relations section of Silvergate’s website at ir.silvergate.com. An online replay will be available on the same website following the presentation. Business update The Company is providing the following unaudited and preliminary mid-quarter results as of November 15, 2022: Average quarter-to-date digital asset customer deposits of approximately $9.8 billion, excluding all deposits from FTX and its related entities The Silvergate Exchange Network (“SEN”) continues to operate 24/7 with average daily volume totaling $1.9 billion quarter-to-date, compared to average daily volume of $1.2 billion in the third quarter of 2022 At November 15, 2022, all bitcoin-collateralized loans have performed as expected with zero losses and no forced liquidations “Silvergate’s platform, including our risk management and compliance infrastructure, was built to support our clients during times of market volatility and transformation,” said Alan Lane, CEO of Silvergate. About Silvergate Silvergate Capital Corporation (NYSE: SI) is the leading provider of innovative financial infrastructure solutions and services for the growing digital asset industry. The Company’s real-time payments platform, known as the Silvergate Exchange Network, is at the heart of its customer-centric suite of payments, lending and funding solutions serving an expanding class of digital asset companies and investors around the world. Silvergate is enabling the rapid growth of digital asset markets and reshaping global commerce for a digital asset future. View source version on businesswire.com: https://www.businesswire.com/news/home/20221116006033/en/Contacts Investor Relations: Hunter Stenback/Ashna Vasa (858) 200-3782 investors@silvergate.com Media: Evann Berry press@silvergate.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Silvergate Provides Mid-Quarter Update and Announces Participation in Oppenheimer's 5th Blockchain & Digital Assets Summit By: Silvergate Capital Corporation via Business Wire November 16, 2022 at 17:44 PM EST Silvergate Capital Corporation (“Silvergate” or the “Company”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital asset industry, today announced that Chief Executive Officer Alan Lane will provide a mid-quarter business update at Oppenheimer's 5th Blockchain & Digital Assets Summit at 2:55 p.m. ET on Thursday, November 17, 2022. Interested investors and other parties can access a live webcast of the fireside chat by visiting the investor relations section of Silvergate’s website at ir.silvergate.com. An online replay will be available on the same website following the presentation. Business update The Company is providing the following unaudited and preliminary mid-quarter results as of November 15, 2022: Average quarter-to-date digital asset customer deposits of approximately $9.8 billion, excluding all deposits from FTX and its related entities The Silvergate Exchange Network (“SEN”) continues to operate 24/7 with average daily volume totaling $1.9 billion quarter-to-date, compared to average daily volume of $1.2 billion in the third quarter of 2022 At November 15, 2022, all bitcoin-collateralized loans have performed as expected with zero losses and no forced liquidations “Silvergate’s platform, including our risk management and compliance infrastructure, was built to support our clients during times of market volatility and transformation,” said Alan Lane, CEO of Silvergate. About Silvergate Silvergate Capital Corporation (NYSE: SI) is the leading provider of innovative financial infrastructure solutions and services for the growing digital asset industry. The Company’s real-time payments platform, known as the Silvergate Exchange Network, is at the heart of its customer-centric suite of payments, lending and funding solutions serving an expanding class of digital asset companies and investors around the world. Silvergate is enabling the rapid growth of digital asset markets and reshaping global commerce for a digital asset future. View source version on businesswire.com: https://www.businesswire.com/news/home/20221116006033/en/Contacts Investor Relations: Hunter Stenback/Ashna Vasa (858) 200-3782 investors@silvergate.com Media: Evann Berry press@silvergate.com
Silvergate Capital Corporation (“Silvergate” or the “Company”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital asset industry, today announced that Chief Executive Officer Alan Lane will provide a mid-quarter business update at Oppenheimer's 5th Blockchain & Digital Assets Summit at 2:55 p.m. ET on Thursday, November 17, 2022. Interested investors and other parties can access a live webcast of the fireside chat by visiting the investor relations section of Silvergate’s website at ir.silvergate.com. An online replay will be available on the same website following the presentation. Business update The Company is providing the following unaudited and preliminary mid-quarter results as of November 15, 2022: Average quarter-to-date digital asset customer deposits of approximately $9.8 billion, excluding all deposits from FTX and its related entities The Silvergate Exchange Network (“SEN”) continues to operate 24/7 with average daily volume totaling $1.9 billion quarter-to-date, compared to average daily volume of $1.2 billion in the third quarter of 2022 At November 15, 2022, all bitcoin-collateralized loans have performed as expected with zero losses and no forced liquidations “Silvergate’s platform, including our risk management and compliance infrastructure, was built to support our clients during times of market volatility and transformation,” said Alan Lane, CEO of Silvergate. About Silvergate Silvergate Capital Corporation (NYSE: SI) is the leading provider of innovative financial infrastructure solutions and services for the growing digital asset industry. The Company’s real-time payments platform, known as the Silvergate Exchange Network, is at the heart of its customer-centric suite of payments, lending and funding solutions serving an expanding class of digital asset companies and investors around the world. Silvergate is enabling the rapid growth of digital asset markets and reshaping global commerce for a digital asset future. View source version on businesswire.com: https://www.businesswire.com/news/home/20221116006033/en/
Investor Relations: Hunter Stenback/Ashna Vasa (858) 200-3782 investors@silvergate.com Media: Evann Berry press@silvergate.com