Analysts don’t see a long-lasting hit to Silvergate, nonetheless. BTIG analyst Mark Palmer stated he spoke on Tuesday to Silvergate’s president, Ben Reynolds, who advised him that Silvergate neither holds FTT tokens nor lends towards them, and that FTX’s challenges have had no direct impression on the corporate.
Crypto Financial institution Silvergate’s Inventory Defended By Analysts Amidst FTX Issues
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