Analysts don’t see a lasting hit to Silvergate, however. BTIG analyst Mark Palmer said he spoke on Tuesday to Silvergate’s president, Ben Reynolds, who told him that Silvergate neither holds FTT tokens nor lends against them, and that FTX’s challenges have had no direct impact on the company. www.coindesk.com
Analysts don’t see a lasting hit to Silvergate, however. BTIG analyst Mark Palmer said he spoke on Tuesday to Silvergate’s president, Ben Reynolds, who told him that Silvergate neither holds FTT tokens nor lends against them, and that FTX’s challenges have had no direct impact on the company.
www.coindesk.com