“Silvergate had another great quarter, underscored by record quarterly pre-tax income, continued platform growth, and an expanding balance sheet. In the third quarter we grew average digital currency deposits to $11.2 billion, the highest in our history, added new digital currency customers to the SEN, and further increased SEN Leverage commitments and balances,” CEO Alan Lane said in the statement.
Related posts
-
How Quinn Thompson of Lekker Capital Nailed the Trump Trade
The result? It has been Lekker’s most successful trade since the fund was launched six months... -
Ethereum Volatility Soon? Derivatives Exchanges Receive 82,000 ETH In Deposits
On-chain data shows derivatives exchanges have just received large Ethereum deposits, something that could lead to... -
Digital Asset Inflows Reach Record High With US Elections on the Horizon
The year-to-date inflows for digital assets hit a new...