3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC106: FTX Failure, GBTC, Genesis DCG & more w/ Dylan LeClair (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Silver Gate Bank

Silver Gate's equity is falling, fell 50% a month before FDX. And so I don't know what's, what can happen with that. Falcon X is an institutional player. They said we're not working with them. The Senn network here, the SDN network, you know, circle, Coinbase, Paxos, Gemini, like all of these firms that have their tentacles in this thing are settling dollar balances on Silver Gate. It's network. So when I see Silver Gate's equity, it's falling, fell 30 to 40%. But how would that be an ad benefit or, or not for liquidity in this space that's already running up?

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