California-Based Silvergate Bank Files for IPO to Boost Cryptocurrency Services

Surfing girl with cryptocurrency board

Silvergate Bank, based out of La Jolla, CA, is preparing to go public with a price target of $50 million, according to the documents filed and submitted to the securities regulators. It would be listed in the New York Stock Exchange (NYSE) under the ticker “SI”. The bank is a part of the holding company, Silvergate Capital. Traditional Bank to…Read More. The post by Pratik Makadiya appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Source: BTC Manager