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Breaking: Citadel To Rescue Silvergate From Fund Crisis? Here's Why!

source-logo  coingape.com 03 March 2023 14:40, UTC

Silvergate Citadel crypto news: Amid all the FUD around potential bankruptcy risk around Silvergate Capital, Citadel Securities, which already owns stake in the US bank, could come to the rescue. It would be a massive relief for the crypto market if this goes on to be true. Although the information is not official yet, it is rumored that Citadel would pump some capital to rescue the US bank, which is highly important for the crypto ecosystem‘s health in the United States. However, it remains to be seen if the investment would bring out immediate results for the bank.

coingape.com