The large stake taken by Blumer means that the Hong Kong-based crypto entrepreneur now is Silvergate’s largest shareholder.
The purchase of Blumer’s stake comes in addition to a 7.5% stake acquired by Block.one, the EOS development firm that Blumer heads….
Read More: One of the Richest People in Crypto Just Bought a 9.3% Stake in Silvergate Capital, Becomes Largest Shareholder