Bitcoin, Crypto Bank Silvergate Says Exposure To Bankrupt BlockFi Limited To $20M: Can 'Handle Stress And Volatility'

Silvergate Capital (NYSE: SI), a crypto institutional services provider, said that it is minimally exposed to the bankrupt BlockFi crypto lending firm. What Happened: According to Silvergate, the exposure to BlockFi is limited to less than $20 million of its total deposits from all digital asset customers as of Monday.