TokenCard

by TokenCard

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TokenCard

by TokenCard

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What problem does this service solve?

Silvergate provides digital currency companies a regulated banking platform to store and leverage their holdings.TokenCard wants to create a consumer oriented banking platform that will allow users to mange and spend digital currencies easier.

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Company Description

The Silvergate digital currency bank is a bank and financial infrastructure service provider that is based in California. It provides a variety of financial services to many of the largest digital currency companies and invesstors. Because Silvergate is a federally regulated bank, it can serve as compliant custody and collateral management solution for digital currency companies that need a regulated banking partner. The Silvergate Exchange Network (SEN) also enables exchanges and other institutions to leverage their Crypto holdings to receive US Dollar loans.

TokenCard is developing a cryptocurrency banking platform with a debit card and mobile app that will enable users to spend cryptocurrency anywhere major credit cards are accepted. Their goal is to create a consumer banking experience for the cryptocurrency world. Their network is powered by the Ethereum-based TKN token.

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