Silvergate Capital (SI) Purchases Blockchain Payment Network Assets from Diem
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/22/2026
- S&P 500, Nasdaq end sharply lower as revived AI doubts ignite tech selloff
- Meta’s new Class C stock to keep Zuckerberg in California, fund AI spending spree
- Oil hits five-month high as Houthi attacks stoke supply fears
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
Silvergate (SI) Stock Gains After Confirming Purchase of Meta's (FB) Diem Group Stablecoin Technology
February 1, 2022 8:44 AM ESTSilvergate Capital (NYSE: SI) shares gained 8% in pre-open trading Tuesday after the company confirmed it bought the intellectual property and other technology assets of Meta Platforms' (NASDAQ: FB) Diem Group.
Silvergates said the deal bolsters its technical capabilities and enhances... More



