S
Silvergate Bank
SIFinancials· La Jolla, California, United States
LAYOFFS TRACKED
2
LAST EVENT
May 12, 2023
MARKET CAP
$466.97M
as of Aug 26, 2026
EMPLOYEES
—
Silvergate Bank was a California-based bank that provided banking services to cryptocurrency businesses and institutional investors, known for the Silvergate Exchange Network (SEN) enabling USD transfers among crypto firms. The bank faced severe liquidity stress and regulatory scrutiny following crypto industry downturns and ultimately suspended operations and entered resolution.
Layoff history
EMPLOYEES AFFECTED PER QUARTER · HOVER FOR DETAILS
181
260
Q1 '23Q1 '24Q1 '25Q1 '26Q3 '26
Layoff timeline
2 EVENTSStories from here
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