One of the Richest People in Crypto Just Bought a 9.3% Stake in Silvergate Capital, Becomes Largest Shareholder

Read full article at Crypto News.

Brendan Blumer, known as one of the creators of the EOS blockchain and one of the richest people in the crypto space, has bought a 9.3% stake in the crypto-friendly bank Silvergate Capital, a new SEC filing has revealed.
The large stake taken by Blumer means that the Hong Kong-based crypto entrepreneur now is Silvergate’s largest shareholder.
The purchase of Blumer’s stake comes in addition to a 7.5% stake acquired by Block.one, the EOS development firm that Blumer heads….
Read More: One of the Richest People in Crypto Just Bought a 9.3% Stake in Silvergate Capital, Becomes Largest Shareholder

This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CryptosOnline.com does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.

#Bitcoin #Crypto #Cryptocurrency

Related articles

SEC Wanted Coinbase to Delist all Crypto Assets Except Bitcoin Before Lawsuit: FT

Read full article at CryptoPotato.The US Securities and Exchange Commission (SEC) asked Coinbase to halt the trading of […]

Learn More

Euler Finance hacked despite 10 audits in 2 years, says CEO

Read full article at Cointelegraph.com News. Euler Labs CEO Michael Bentley stated he will “never forgive” the hacker […]

Learn More

Is Bitcoin a Good Hedge Against Inflation?

Read full article at The Capital. It’s a tale as old as time. Just as the prices of […]

Learn More