Silvergate Capital Corporation, the parent company of Silvergate Bank, filed for Chapter 11 bankruptcy in the US Bankruptcy Court for the District of Delaware. According to a filing on Sept. 17, the company has listed assets between $100 million and $500 million and liabilities ranging from $10 million to $50 million.

Silvergate Capital, the parent company of crypto-focused Silvergate Bank, has filed for bankruptcy to wind down its operations after the bank's 2023 shutdown.

Silvergate Capital, the parent company of Silvergate Bank, filed for bankruptcy in Wilmington, Delaware on September 18, 2024.

The crypto-heavy bank's parent company has no remaining lines of business and followed its subsidiary into Chapter 11 on Tuesday.