We advised the sales agents in connection with the equity offering

Davis Polk advised the sales agents in connection with an SEC-registered at-the-market offering by Silvergate Capital Corporation of shares of its Class A common stock for up to a maximum offering price of $300 million.

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 Heita Miki and Alexander K.B. Shimamura. The tax team included partner Po Sit and associate Tomislava Dragicevic. All members of the Davis Polk team are based in the New York office.