Silvergate Capital 3Q EPS Beats Estimates; Digital Currency Deposits Grew to $11.2B

“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.

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