Silvergate Bank company
Overview
Silvergate Bank was a US state-chartered bank that provided banking services to cryptocurrency exchanges and institutional investors. It operated the Silvergate Exchange Network (SEN), a real-time payment platform for digital asset traders. The bank ceased operations and began voluntary liquidation in 2023 following regulatory scrutiny and financial instability.
Within the DeFi Intel graph, Silvergate Bank connects to 3 tracked entities, most strongly to Board of Governors of the Federal Reserve System, United States, Customers Bank.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
regulated_by | Board of Governors of the Federal Reserve System | 95% |
headquartered_in | United States | 85% |
migration-to | Customers Bank | 85% |
Frequently asked questions
What type of institution was Silvergate Bank?
Silvergate Bank was a US state-chartered bank that provided banking services to cryptocurrency exchanges and institutional investors.
What was the Silvergate Exchange Network (SEN)?
The Silvergate Exchange Network (SEN) was a real-time payment platform for digital asset traders operated by Silvergate Bank.
What happened to Silvergate Bank in 2023?
Silvergate Bank ceased operations and began voluntary liquidation in 2023 following regulatory scrutiny and financial instability.