Silvergate

Silvergate Announces Coinbase Custody as a Provider for Bitcoin Collateralized U.S. Dollar Loans

Retrieved on: 
Mardi, mars 23, 2021

SEN Leverage provides secure, institutional-grade access to capital through U.S. dollar (USD) loans collateralized by bitcoin.

Key Points: 
  • SEN Leverage provides secure, institutional-grade access to capital through U.S. dollar (USD) loans collateralized by bitcoin.
  • The investors collateral bitcoin is held by Coinbase Custody in a segregated cold storage account.
  • Coinbase Custody maintains what it believes to be an industry-leading insurance policy to protect both online and offline assets across all of their products.
  • Coinbase Custody operates as a standalone, independently-capitalized business to Coinbase, Inc. Coinbase Custody is a fiduciary under NY State Banking Law and a qualified custodian.

Silvergate Exchange Network Expands to Include ErisX

Retrieved on: 
Mardi, juillet 21, 2020

ErisX today announced membership into Silvergate Banks Silvergate Exchange Network (SEN) enabling ErisX Exchange and Clearing Members to make nearly instantaneous U.S. Dollar (USD) transfers.

Key Points: 
  • ErisX today announced membership into Silvergate Banks Silvergate Exchange Network (SEN) enabling ErisX Exchange and Clearing Members to make nearly instantaneous U.S. Dollar (USD) transfers.
  • ErisX has created a regulated platform with capabilities that will enable more people to confidently invest in the crypto markets.
  • Silvergate Capital Corporation (NYSE: SI) is a registered bank holding company for Silvergate Bank, headquartered in La Jolla, California.
  • ErisX, Eris Exchange, and the ErisX and Eris Exchange logos are trademarks of the Eris Exchange group of companies.