Express

Silvergate Bank's Payments Platform Reaches Record High $17.4B In Transfer Volumes

Ramsey Baker

Summary: Silvergate Bank, the publicly traded regional bank, has seen the activity on its 24/7 payments network reach record levels, according to the firm's quarter one earnings report. The cryptocurrency friendly regional bank saw a record $17.4 billion worth of SEN transfer volumes processed in the first quarter, which equates to an 80% growth from Q4 ...

Silvergate Bank, the publicly traded regional bank, has seen the activity on its 24/7 payments network reach record levels, according to the firm's quarter one earnings report.

The cryptocurrency friendly regional bank saw a record $17.4 billion worth of SEN transfer volumes processed in the first quarter, which equates to an 80% growth from Q4 and a 320% increase since last year.

By Ramsey Baker

Last Update:

Tags: ,,,,,
Link: Silvergate Bank's Payments Platform Reaches Record High $17.4B In Transfer Volumes   [Copy]
Next:

Related Articles

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 16 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 21 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? September 16, 2025
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025

    • You need to login to comment.