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Silvergate BlockFi Exposure: Stock Price Shows More FUD Ahead?

Silvergate BlockFi News: With the FUD around further FTX contagion effect dragging on, the Silvergate BlockFi relationship is already creating some uncertainty. On Monday, crypto lender BlockFi officially filed for chapter 11 bankruptcy owing to the FTX contagion effect. Meanwhile, it remains to be seen how other firms that are heavily exposed to FTX respond in the coming days. Also, the Silvergate stock price dipped over news of the exposure to the crypto lender.

(by Anvesh Reddy)

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