{"id":446085,"date":"2022-12-06T22:07:38","date_gmt":"2022-12-07T06:07:38","guid":{"rendered":"https:\/\/nai500.com\/?p=446085"},"modified":"2022-12-06T22:08:55","modified_gmt":"2022-12-07T06:08:55","slug":"%e5%8a%a0%e5%af%86%e5%b8%82%e5%9c%ba%e4%b8%8a%e6%bc%94%e5%a4%a7%e9%80%83%e6%9d%80%e4%ba%bf%e4%b8%87%e5%af%8c%e7%bf%81%e8%bf%99%e4%b8%80%e9%80%86%e5%b8%82%e6%93%8d%e4%bd%9c%e5%a4%aa%e4%b8%8d%e5%af%bb","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2022\/12\/%e5%8a%a0%e5%af%86%e5%b8%82%e5%9c%ba%e4%b8%8a%e6%bc%94%e5%a4%a7%e9%80%83%e6%9d%80%e4%ba%bf%e4%b8%87%e5%af%8c%e7%bf%81%e8%bf%99%e4%b8%80%e9%80%86%e5%b8%82%e6%93%8d%e4%bd%9c%e5%a4%aa%e4%b8%8d%e5%af%bb\/","title":{"rendered":"\u52a0\u5bc6\u5e02\u573a\u4e0a\u6f14\u5927\u9003\u6740\uff0c\u4ebf\u4e07\u5bcc\u7fc1\u8fd9\u4e00\u9006\u5e02\u64cd\u4f5c\u592a\u4e0d\u5bfb\u5e38"},"content":{"rendered":"<p>\u8fd9\u53ea\u52a0\u5bc6\u8d27\u5e01\u80a1\u7968\u4ece\u9ad8\u70b9\u4e0b\u8dcc\u4e8680%\u4ee5\u4e0a\uff0c\u4f46\u4e00\u4f4d\u4ebf\u4e07\u5bcc\u7fc1\u6295\u8d44\u8005\u6b63\u5728\u4e70\u5165\u8be5\u80a1\u3002<\/p>\n<p>\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u76ee\u524d\u5904\u4e8e\u52a8\u8361\u72b6\u6001\u2014\u2014\u6bd4\u7279\u5e01\u548c\u4ee5\u592a\u574a\u7b49\u9876\u7ea7\u52a0\u5bc6\u8d27\u5e01\u4eca\u5e74\u8fc4\u4eca\u5206\u522b\u4e0b\u8dcc\u4e8664%\u548c67%\uff0c\u8bb8\u591a\u4ee3\u5e01\u7684\u8dcc\u5e45\u66f4\u5927\u3002\u77e5\u540d\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240FTX\u7684\u7834\u4ea7\u66f4\u662f\u96ea\u4e0a\u52a0\u971c\u3002\u56e0\u6b64\uff0c\u4eca\u5e74\u4e0e\u52a0\u5bc6\u76f8\u5173\u7684\u80a1\u7968\u4e5f\u5927\u5e45\u4e0b\u8dcc\u3002<\/p>\n<p><a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=SI\">Silvergate Capital (SI)<\/a>\u662f\u4e00\u5bb6\u4e3a\u52a0\u5bc6\u8d27\u5e01\u884c\u4e1a\u63d0\u4f9b\u94f6\u884c\u670d\u52a1\u7684\u516c\u53f8\uff0c\u4eca\u5e74\u80a1\u4ef7\u4e0b\u8dcc84%\uff0c\u8f83\u517652\u5468\u9ad8\u4f4d\u4e0b\u8dcc\u4e8687%\u3002\u7531\u4e8e\u6295\u8d44\u8005\u62c5\u5fc3FTX\u5371\u673a\u8513\u5ef6\u5230\u6574\u4e2a\u884c\u4e1a\uff0c\u6240\u4ee5FTX\u7684\u5d29\u6e83\u5bfc\u81f4Silvergate\u80a1\u4ef7\u8fdb\u4e00\u6b65\u4e0b\u8dcc\u3002\u7136\u800c\uff0c\u8fd9\u5e76\u6ca1\u6709\u963b\u6b62\u4e00\u4f4d\u4ebf\u4e07\u5bcc\u7fc1\u6295\u8d44\u8005\u4e70\u5165Silvergate\u7684\u80a1\u7968\u3002<\/p>\n<h2>Silvergate\u7b80\u4ecb<\/h2>\n<p>Silvergate\u662f\u53d7\u8054\u90a6\u5b58\u6b3e\u4fdd\u9669\u516c\u53f8\u627f\u4fdd\u7684\u53d7\u76d1\u7ba1\u94f6\u884c\uff0c\u4e3a\u52a0\u5bc6\u8d27\u5e01\u884c\u4e1a\u63d0\u4f9b\u8d37\u6b3e\u548c\u5176\u4ed6\u670d\u52a1\u3002Silvergate\u5728\u52a0\u5bc6\u8d27\u5e01\u548c\u91d1\u878d\u79d1\u6280\u884c\u4e1a\u62e5\u67091300\u591a\u5bb6\u5ba2\u6237\u3002\u8be5\u516c\u53f8\u7684Silvergate Exchange Network (SEN)\u4f7f\u5ba2\u6237\u80fd\u591f\u9ad8\u6548\u3001\u4f4e\u6210\u672c\u5730\u8fdb\u884c\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u7ed3\u7b97\u3002\u81ea2017\u5e74\u542f\u52a8\u4ee5\u6765\uff0cSEN\u5df2\u7ecf\u7ed3\u7b97\u4e861\u4e07\u4ebf\u7f8e\u5143\u7684\u652f\u4ed8\u91d1\u989d\u3002\u4e2a\u522b\u52a0\u5bc6\u8d27\u5e01\u548c\u4ea4\u6613\u6240\u53ef\u80fd\u6765\u6765\u53bb\u53bb\uff0c\u4f46Silvergate\u5f88\u53ef\u80fd\u4f1a\u4fdd\u6301\u884c\u4e1a\u5173\u952e\u9886\u8896\u7684\u5730\u4f4d\u3002\u8be5\u516c\u53f8\u62e5\u6709\u52a0\u5229\u798f\u5c3c\u4e9a\u5dde\u7684\u94f6\u884c\u724c\u7167\uff0c\u800c\u4e14Silvergate\u53d7\u5230\u5168\u9762\u76d1\u7ba1\u5e76\u4e14\u7531\u8054\u90a6\u5b58\u6b3e\u4fdd\u9669\u516c\u53f8\u627f\u4fdd\uff0c\u8fd9\u8ba9\u8be5\u516c\u53f8\u5728\u8fd9\u4e2a\u9971\u53d7\u4e11\u95fb\u56f0\u6270\u7684\u884c\u4e1a\u4e2d\u8131\u9896\u800c\u51fa\u3002\u6b63\u5982Silvergate\u5728\u5b98\u7f51\u4e0a\u6240\u8bf4\uff1a\u6211\u4eec\u7684\u89e3\u51b3\u65b9\u6848\u5efa\u7acb\u5728\u5bf9\u76d1\u7ba1\u5408\u89c4\u7684\u6839\u6df1\u8482\u56fa\u7684\u627f\u8bfa\u548c\u4e13\u6709\u65b9\u6cd5\u4e4b\u4e0a\u3002<\/p>\n<h2>\u6bd4\u5c14\u00b7\u7c73\u52d2\u662f\u8c01\uff1f<\/h2>\n<p>\u6839\u636e\u6700\u8fd1\u768413F\u6587\u4ef6\uff0c\u7531\u4f20\u5947\u4ef7\u503c\u6295\u8d44\u8005\u6bd4\u5c14\u00b7\u7c73\u52d2\uff08Bil\u200b\u200bl Miller\uff09\u7ecf\u8425\u7684Miller Value Partners\u5728\u4e0a\u4e2a\u5b63\u5ea6\u5f00\u59cb\u6295\u8d44Silvergate\u3002\u7c73\u52d2\u5728\u6295\u8d44\u9886\u57df\u6709\u7740\u60a0\u4e45\u7684\u6210\u529f\u8bb0\u5f55\uff0c\u57281991\u5e74\u81f32005\u5e74\uff0c\u4ed6\u7684\u65d7\u8230\u57fa\u91d1\u56de\u62a5\u7387\u8fde\u7eed15\u5e74\u8d85\u8fc7\u6807\u51c6\u666e\u5c14500\u6307\u6570\u7684\u56de\u62a5\u7387\u3002\u7c73\u52d2\u662f\u4e00\u4f4d\u957f\u671f\u6295\u8d44\u8005\uff0c\u5e76\u4e14\u662f\u6700\u65e9\u6b22\u8fce\u5e76\u6295\u8d44\u6bd4\u7279\u5e01\u7684\u6295\u8d44\u8005\u4e4b\u4e00\u3002\u56e0\u6b64\uff0c\u4ed6\u6709\u52c7\u6c14\u5e94\u5bf9\u6bd4\u7279\u5e01\u6216Silvergate\u7b49\u80a1\u7968\u7684\u6ce2\u52a8\u4e5f\u5c31\u4e0d\u8db3\u4e3a\u5947\u4e86\u3002<\/p>\n<h2>\u7c73\u52d2\u600e\u4e48\u770b\u5f85Silvergate\uff1f<\/h2>\n<p>\u4e0e\u8bb8\u591a\u5229\u7528\u52a0\u5bc6\u8d27\u5e01\u9ad8\u6da8\u5174\u8da3\u6025\u4e8e\u4e0a\u5e02\u7684\u516c\u53f8\u4e0d\u540c\uff0cSilvergate\u662f\u76c8\u5229\u7684\uff0c\u53bb\u5e74\u6536\u5165\u7ea61.2\u4ebf\u7f8e\u5143\u30022018\u5e74\u81f32021\u5e74\uff0c\u8be5\u516c\u53f8\u6536\u5165\u4ee531.3%\u7684\u590d\u5408\u5e74\u589e\u957f\u7387\u60ca\u4eba\u5730\u589e\u957f\u3002<\/p>\n<p>\u8be5\u80a1\u7968\u7684\u5e02\u8d26\u7387\u4e5f\u4ec5\u4e3a0.63\u3002\u4ece\u7406\u8bba\u4e0a\u8bb2\uff0c\u8fd9\u610f\u5473\u7740\u5982\u679cSilvergate\u88ab\u6e05\u7b97\uff0c\u5176\u8d44\u4ea7\u4ef7\u503c\u5c06\u8fdc\u8fdc\u9ad8\u4e8e\u8be5\u80a1\u7968\u4eca\u5929\u7684\u4ea4\u6613\u4ef7\u683c\uff0c\u6240\u4ee5\u6295\u8d44\u8005\u7684\u6295\u8d44\u5341\u5206\u5b89\u5168\u3002<\/p>\n<p>\u7c73\u52d2\u9884\u6d4bSilvergate\u7684\u6536\u5165\u5728\u672a\u6765\u4e24\u5e74\u5c06\u4ee540%\u7684\u590d\u5408\u5e74\u589e\u957f\u7387\u589e\u957f\u3002\u5f52\u6839\u7ed3\u5e95\uff0c\u8fd9\u662f\u4e00\u9879\u9488\u5bf9\u98ce\u9669\u627f\u53d7\u80fd\u529b\u5f3a\u7684\u6295\u8d44\u8005\u7684\u6295\u8d44\u3002\u8ba4\u4e3a\u52a0\u5bc6\u8d27\u5e01\u5c06\u957f\u671f\u5b58\u5728\u7684\u6295\u8d44\u8005\u53ef\u80fd\u4f1a\u9009\u62e9\u4e0e\u4e16\u754c\u9876\u7ea7\u4ef7\u503c\u6295\u8d44\u8005\u4e00\u8d77\u51fa\u624b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u8fd9\u53ea\u52a0\u5bc6\u8d27\u5e01\u80a1\u7968\u4ece\u9ad8\u70b9\u4e0b\u8dcc\u4e8680%\u4ee5\u4e0a\uff0c\u4f46\u4e00\u4f4d\u4ebf\u4e07\u5bcc\u7fc1\u6295\u8d44\u8005\u6b63\u5728\u4e70\u5165\u8be5\u80a1\u3002 \u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u76ee\u524d\u5904\u4e8e\u52a8\u8361\u72b6\u6001\u2014\u2014\u6bd4 [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":446086,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[427],"tags":[762,667,737,634],"class_list":["post-446085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hans","tag-762","tag-667","tag-737","tag-634","sectors-financial-products-zh-hans","sectors-technology-zh-hans","locations-us-zh-hans","exchange-nasdaq-zh-hans","exchange-nyse-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/446085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=446085"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/446085\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/446086"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=446085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=446085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=446085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}