Silvergate Capital CEO Alan Lane Shares Company’s Plans after $200M Diem Acquisition
Alan Lane, CEO at Silvergate Capital (NYSE:SI), has noted that the bank holding company aims to introduce a stablecoin by the end of 2022. The plan has been revealed after the firm’s recent acquisitions of assets and intellectual property (IP) from Meta’s (Facebook) (NASDAQ:FB) crypto project… Read More
Read more in: Blockchain & Digital Assets, General News, Global | Tagged acquisition, alan lane, california, diem, digital currencies, facebook, financial services, mark zuckerberg, meta, silvergate, silvergate capital, Silvergate Exchange Network, stablecoin, stablecoins, united states, us, virtual currency