Silvergate Digital Currency Bank vs LVL App vs Polybius
What problem does this service solve?
Silvergate provides digital currency companies a regulated banking platform to store and leverage their holdings. | LVL provides an all in one banking platform that enables users to more easily manage their Crypto holdings. | Polybius is building a blockchain-based bank with a strong emphasis on digital sovereign identity. |
Token Stats
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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. | The LVL App is a cryptocurrency and banking services platform that allows users to buy and sell Bitcoin for free. LVL aims to provide a comprehensive Crypto banking solution with a variety of services, including: FDIC insured checking accounts, free Crypto trading, and debit cards. The LVL App is currently only available in certain states in the US, but they plan on expanding their operations. | Polybius is building a currency-agnostic ecosystem enabling more control of personal finances. Polybius claims that its platform will combine banking with other technologies, such as: Big Data, IoT, and Blockchain. Polybius aims to create a Digital Pass solution, that will empower users with control over their digital identity across several industries. The company raised $31 million in an ICO, and is currently working to implement its technology in Belgium. |