{"id":18574,"date":"2023-05-12T01:56:06","date_gmt":"2023-05-12T01:56:06","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/silvergate-begins-nyse-delisting-process-as-it-readies-to-cut-230-staff\/"},"modified":"2023-05-12T01:56:08","modified_gmt":"2023-05-12T01:56:08","slug":"silvergate-begins-nyse-delisting-process-as-it-readies-to-cut-230-staff","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/silvergate-begins-nyse-delisting-process-as-it-readies-to-cut-230-staff\/","title":{"rendered":"Silvergate begins NYSE delisting process as it readies to cut 230 staff"},"content":{"rendered":"
The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange (NYSE) and 230 staff will be let go, Silvergate Capital has disclosed.<\/p>\n
In a May 11 filing to the Securities and Exchange Commission (SEC), Silvergate Capital said 230 staff will be \u201cseparated\u201d starting May 12. The NYSE also suspended trading in its stock with delisting to commence \u201cshortly.\u201d<\/p>\n