The shares are listed on the New York Stock Exchange

Davis Polk advised the representatives of the several underwriters in connection with a $552 million public offering of 3,806,895 shares of Class A common stock of Silvergate Capital Corporation, which includes 496,551 shares from the full exercise of the underwriters’ option to purchase additional shares. The Class A common stock is listed on the New York Stock Exchange under the symbol “SI.”

Silvergate Capital is the leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry. The company’s real-time payments platform, known as the Silvergate Exchange Network, is at the heart of its customer-centric suite of payments, lending and funding solutions serving an expanding class of digital currency companies and investors around the world. Silvergate is enabling the rapid growth of digital currency markets and reshaping global commerce for a digital currency future.

The Davis Polk capital markets team included partner Derek Dostal and associates Michael Stromquist and Chad Howard. The tax team included partner Po Sit and associate Jacob M. Donnelly. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.

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