Silvergate Bank

Castle and moat
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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ErisX CEO Thomas Chippas (CoinDesk archives)
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)

Silvergate HQ.
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 earn...
Silvergate HQ.

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

Silvergate HQ.
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.
Silvergate HQ.

BlockFi CEO Zac Prince
Previously Crypto-Only BlockFi Adds Cash On-Ramp Through Silvergate Partnership
Crypto lender BlockFi now supports cash deposits.
BlockFi CEO Zac Prince

TR Lab is based in Hong Kong.
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.

Hong Kong ships
New Settlement Layer to Offer Asian Crypto Institutions Local Alternative to Silvergate Bank
The new settlement layer is intended save Asian institutional traders from taking the "scenic route" via U.S. banking regulations.
Hong Kong ships

Silvergate Bank CEO Alan Lane (right) speaks on a panel in New York. (Photo via CoinDesk archives)
Few Banks Will Touch Crypto Firms, but Silvergate Wants to Touch Bitcoin Itself
Silvergate made its name providing fiat banking services for crypto businesses. Now, CEO Alan Lane wants the bank to handle digital assets themselves.
Silvergate Bank CEO Alan Lane (right) speaks on a panel in New York. (Photo via CoinDesk archives)