Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin

Spread the love
diemSilvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled $182 million. The technology and assets acquired will reportedly be used for the launch of a Silvergate branded stablecoin. Silvergate Purchases Diem Operations Silvergate Capital, […]

Go to Source

Powered by WPeMatico