Here’s How Crypto Bank Silvergate Fared Day 1 of NYSE Listing

Crypto-friendly bank Silvergate starts trading on NYSE after IPO approval. SI cites a 6% increase on the initial offering price of $12. SEN network continues to grow. Silvergate Capital (NYSE: SI), a cryptocurrency-focused commercial bank, made its official listing on the New York Stock Exchange on Nov 7, commanding a 6% increase on the day. But how is it doing so far? The NYSE officially listed the crypto-minded bank under the ticker SI, on Thursday. This followed a formal declaration from the US security and Exchange Commission (SEC), approving the…

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