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Silvergate Capital plans to buy some blockchain assets from Facebook’s Diem Group
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Silvergate Capital shares surged in premarket trading on 1 February after announcing it was buying certain assets related to running a blockchain-based payment network from Diem Group, the Facebook-backed cryptocurrency project that is winding down.
The assets acquired by Silvergate, the company said in a statement, include development, deployment and operations infrastructure and tools for running the network.
Under...
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