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Block.one and its CEO become largest Silvergate Capital shareholders

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cointelegraph.com

Brendan Blumer, CEO of Block.one, which developed the EOSIO blockchain platform and EOS (EOS) coin, has purchased a stake in Silvergate Capital, the holding company for Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, according to an SEC filing.

That document, dated Nov. 23, listed Nov. 16 as the date of the transaction.The purchase of nearly 3 million shares represents 9.27% of Silvergate stock.

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