By CryptoNews - 1 year ago - Reading Time: 1 minutes
One of the Richest People in Crypto Just Bought a 9.3% Stake in Silvergate Capital, Becomes Largest Shareholder
Brendan Blumer, known as one of the creators of the EOS blockchain and one of the richest people in the crypto space, has bought a 9.3% stake in the crypto-friendly bank Silvergate Capital, a new SEC filing has revealed.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....
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Original source: CryptoNews