Quick Take$2.5bn Market Capitalization as of June 2022 following their Nov-19 initial public offering La Jolla, California based commercial bank operating since 1988 with expansion into digital assets starting in 2013 Operates the Silvergate Exchange Network (SEN), allowing clients to convert between stablecoins and fiat 24 / 7 / 365SEN Leverage product provides SEN clients U.S. denominated loans collateralized by Bitcoin holdingsProvides digital asset clients with crypto custody with partnerships with Coinbase Custody and Fidelity Digital AssetsDec-21 announcement of EJF Silvergate Ventures Fund, a joint investment vehicle with EJF Capital focused on early-stage investingRecently acquired intellectual property (IP) and other technology assets from the Diem Group related to operating a blockchain payment networks