Silvergate begins NYSE delisting process as it readies to cut 230 staff
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The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange, and 230 of its staff will be let go, Silvergate Capital has disclosed.
In a May 11
On March 8, Silvergate Capital first announced it would voluntarily liquidate Silvergate Bank.
Days earlier, a line-up of crypto firms, including Gemini, Coinbase, Galaxy Digital and BitStamp, severed ties with the bank as it faced a Justice Department investigation over alleged ties to the collapse of FTX.
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