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This NYSE-Listed Crypto Company Bucked the Disastrous 2019 IPO Trend

“For now, Silvergate remains a rare high-performing anomaly in both the traditional IPO market and the cryptocurrency market” writes Ben Brown for ccn.com. Not only has Silvergate bucked the IPO trend, the stock has outperformed the cryptocurrency market itself.That’s no easy feat considering the cryptocurrency market itself has taken a nosedive in the same period.It’s clients include most of the leading cryptocurrency exchanges, including Gemini and Circle as well as investment firms like Polychain Capital.While Silvergate has bucked the IPO and crypto trends in the last month, it’s still a risky investment.
 
Source: ccn.com



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