Silvergate Bank Is Buying Assets of Diem for $182 Million
The Facebook-led stablecoin consortium, the Diem Association has confirmed on Monday that it is selling its assets to Silvergate Bank, thus making an exit from the ambitious cryptocurrency project.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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