Silvergate Bank confirms it's purchasing the Diem Association's IP and other assets, issuing $132M in stock and paying an additional $50M in cash for the deal (Nikhilesh De/CoinDesk)

Nikhilesh De / CoinDesk:
Silvergate Bank confirms it's purchasing the Diem Association's IP and other assets, issuing $132M in stock and paying an additional $50M in cash for the deal  —  The Diem Association is shutting down.  —  Silvergate Bank confirmed Monday that it's purchasing the technology and other assets from Diem …

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