According to crypto KOL @AP_Abacus, there are rumors within Silvergate that global market maker giant Citadel Securities will intervene in Silvergate to save the situation, and may inject more funds into the cash-strapped Silvergate to help it get out of its liquidity crisis.
As previously reported, in February this year, when Moody's downgraded Silvergate Capital's long-term issuer rating from B1 to B3, Susquehanna Advisors Group and Citadel Securities had been buying a large number of shares in the bank, pushing up the bank's stock price. #NFT, #GameFi, #cryptotrading