Silvergate Bank to Offer Crypto Firms Loans

Due to huge demand from it's users, Silvergate is seeking to establish a credit product to facilitate digital currency borrowing.

According to the report, Silvergate has always been a supporter of crypto firms, banking some of the earliest crypto startups in the cryptocurrency space such as Gemini, Paxos, bitFlyer, and Kraken.

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Samsung-Backed Blockchain Startup Raise $7.5M From Shinhan Bank

South Korean blockchain startup Blockco has secured 9 billion Korean won ($7.5 million) in a recent Series B+ funding round participated by major local banks.

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Ethereum Poised to Be First Public Blockchain in Hyperledger Consortium

Ethereum could become the first public blockchain on Hyperledger – if the open-source consortium’s technical steering committee approves a proposal to adopt the ConsenSys-backed Pantheon project.

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