Silvergate Bank Confirms Diem Tech Acquisition

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Silvergate Bank Confirms Diem Tech Acquisition

Silvergate announced in a press release late Monday that it is acquiring Diem’s development, deployment and operations tools, as well as tools “for running a blockchain-based payment network” for crypto payments and remittances. The statement confirms earlier reporting by the Wall Street Journal. www.coindesk.com

Silvergate announced in a press release late Monday that it is acquiring Diem’s development, deployment and operations tools, as well as tools “for running a blockchain-based payment network” for crypto payments and remittances. The statement confirms earlier reporting by the Wall Street Journal.

www.coindesk.com