Investment services

Based in La Jolla, California, Silvergate is a Federal Reserve member bank and the leading provider of innovative financial infrastructure solutions and services for the digital asset industry. In the beginning of 2023 following a fall in cryptocurrency prices and the collapse of many cryptocurrency exchanges and schemes such as FTX — concerns were raised about potential impacts on Silvergate due to loss of deposits and credit exposure from SEN leverage, as well as potential impacts of Silvergate's issues on the wider cryptocurrency ecosystem due to Silvergate's key role in it