https://ift.tt/3G8PKxG to Sell Assets to Silvergate Bank for $200M: Report

https://ift.tt/34bHhfy Diem Association, the Meta Platforms-led enterprise that was looking to issue a new, user friendly stablecoin, is selling its technology to Silvergate Capital for $200 million, The Wall Street Journal reported, citing an unnamed source. The California bank, which serves blockchain companies, had already agreed last year to partner with Diem in launching a […]