{"id":446090,"date":"2022-12-06T22:07:38","date_gmt":"2022-12-07T06:07:38","guid":{"rendered":"https:\/\/nai500.com\/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\/"},"modified":"2022-12-06T22:09:31","modified_gmt":"2022-12-07T06:09:31","slug":"%e5%8a%a0%e5%af%86%e5%b8%82%e5%a0%b4%e4%b8%8a%e6%bc%94%e5%a4%a7%e9%80%83%e6%ae%ba%e5%84%84%e8%90%ac%e5%af%8c%e7%bf%81%e9%80%99%e4%b8%80%e9%80%86%e5%b8%82%e6%93%8d%e4%bd%9c%e5%a4%aa%e4%b8%8d%e5%b0%8b","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2022\/12\/%e5%8a%a0%e5%af%86%e5%b8%82%e5%a0%b4%e4%b8%8a%e6%bc%94%e5%a4%a7%e9%80%83%e6%ae%ba%e5%84%84%e8%90%ac%e5%af%8c%e7%bf%81%e9%80%99%e4%b8%80%e9%80%86%e5%b8%82%e6%93%8d%e4%bd%9c%e5%a4%aa%e4%b8%8d%e5%b0%8b\/","title":{"rendered":"\u52a0\u5bc6\u5e02\u5834\u4e0a\u6f14\u5927\u9003\u6bba\uff0c\u5104\u842c\u5bcc\u7fc1\u9019\u4e00\u9006\u5e02\u64cd\u4f5c\u592a\u4e0d\u5c0b\u5e38"},"content":{"rendered":"

\u9019\u53ea\u52a0\u5bc6\u8ca8\u5e63\u80a1\u7968\u5f9e\u9ad8\u9ede\u4e0b\u8dcc\u4e8680%\u4ee5\u4e0a\uff0c\u4f46\u4e00\u4f4d\u5104\u842c\u5bcc\u7fc1\u6295\u8cc7\u8005\u6b63\u5728\u8cb7\u5165\u8a72\u80a1\u3002<\/p>\n

\u52a0\u5bc6\u8ca8\u5e63\u5e02\u5834\u76ee\u524d\u8655\u65bc\u52d5\u76ea\u72c0\u614b\u2014\u2014\u6bd4\u7279\u5e63\u548c\u4ee5\u592a\u574a\u7b49\u9802\u7d1a\u52a0\u5bc6\u8ca8\u5e63\u4eca\u5e74\u8fc4\u4eca\u5206\u5225\u4e0b\u8dcc\u4e8664%\u548c67%\uff0c\u8a31\u591a\u4ee3\u5e63\u7684\u8dcc\u5e45\u66f4\u5927\u3002\u77e5\u540d\u52a0\u5bc6\u8ca8\u5e63\u4ea4\u6613\u6240FTX\u7684\u7834\u7522\u66f4\u662f\u96ea\u4e0a\u52a0\u971c\u3002\u56e0\u6b64\uff0c\u4eca\u5e74\u8207\u52a0\u5bc6\u76f8\u95dc\u7684\u80a1\u7968\u4e5f\u5927\u5e45\u4e0b\u8dcc\u3002<\/p>\n

Silvergate Capital (SI)<\/a>\u662f\u4e00\u5bb6\u70ba\u52a0\u5bc6\u8ca8\u5e63\u884c\u696d\u63d0\u4f9b\u9280\u884c\u670d\u52d9\u7684\u516c\u53f8\uff0c\u4eca\u5e74\u80a1\u50f9\u4e0b\u8dcc84%\uff0c\u8f03\u517652\u5468\u9ad8\u4f4d\u4e0b\u8dcc\u4e8687%\u3002\u7531\u65bc\u6295\u8cc7\u8005\u64d4\u5fc3FTX\u5371\u6a5f\u8513\u5ef6\u5230\u6574\u500b\u884c\u696d\uff0c\u6240\u4ee5FTX\u7684\u5d29\u6f70\u5c0e\u81f4Silvergate\u80a1\u50f9\u9032\u4e00\u6b65\u4e0b\u8dcc\u3002\u7136\u800c\uff0c\u9019\u4e26\u6c92\u6709\u963b\u6b62\u4e00\u4f4d\u5104\u842c\u5bcc\u7fc1\u6295\u8cc7\u8005\u8cb7\u5165Silvergate\u7684\u80a1\u7968\u3002<\/p>\n

Silvergate\u7c21\u4ecb<\/h2>\n

Silvergate\u662f\u53d7\u806f\u90a6\u5b58\u6b3e\u4fdd\u96aa\u516c\u53f8\u627f\u4fdd\u7684\u53d7\u76e3\u7ba1\u9280\u884c\uff0c\u70ba\u52a0\u5bc6\u8ca8\u5e63\u884c\u696d\u63d0\u4f9b\u8cb8\u6b3e\u548c\u5176\u4ed6\u670d\u52d9\u3002Silvergate\u5728\u52a0\u5bc6\u8ca8\u5e63\u548c\u91d1\u878d\u79d1\u6280\u884c\u696d\u64c1\u67091300\u591a\u5bb6\u5ba2\u6236\u3002\u8a72\u516c\u53f8\u7684Silvergate Exchange Network (SEN)\u4f7f\u5ba2\u6236\u80fd\u5920\u9ad8\u6548\u3001\u4f4e\u6210\u672c\u5730\u9032\u884c\u52a0\u5bc6\u8ca8\u5e63\u4ea4\u6613\u7d50\u7b97\u3002\u81ea2017\u5e74\u555f\u52d5\u4ee5\u4f86\uff0cSEN\u5df2\u7d93\u7d50\u7b97\u4e861\u842c\u5104\u7f8e\u5143\u7684\u652f\u4ed8\u91d1\u984d\u3002\u500b\u5225\u52a0\u5bc6\u8ca8\u5e63\u548c\u4ea4\u6613\u6240\u53ef\u80fd\u4f86\u4f86\u53bb\u53bb\uff0c\u4f46Silvergate\u5f88\u53ef\u80fd\u6703\u4fdd\u6301\u884c\u696d\u95dc\u9375\u9818\u8896\u7684\u5730\u4f4d\u3002\u8a72\u516c\u53f8\u64c1\u6709\u52a0\u5229\u798f\u5c3c\u4e9e\u5dde\u7684\u9280\u884c\u724c\u7167\uff0c\u800c\u4e14Silvergate\u53d7\u5230\u5168\u9762\u76e3\u7ba1\u4e26\u4e14\u7531\u806f\u90a6\u5b58\u6b3e\u4fdd\u96aa\u516c\u53f8\u627f\u4fdd\uff0c\u9019\u8b93\u8a72\u516c\u53f8\u5728\u9019\u500b\u98fd\u53d7\u919c\u805e\u56f0\u64fe\u7684\u884c\u696d\u4e2d\u812b\u7a4e\u800c\u51fa\u3002\u6b63\u5982Silvergate\u5728\u5b98\u7db2\u4e0a\u6240\u8aaa\uff1a\u6211\u5011\u7684\u89e3\u6c7a\u65b9\u6848\u5efa\u7acb\u5728\u5c0d\u76e3\u7ba1\u5408\u898f\u7684\u6839\u6df1\u8482\u56fa\u7684\u627f\u8afe\u548c\u5c08\u6709\u65b9\u6cd5\u4e4b\u4e0a\u3002<\/p>\n

\u6bd4\u723e\u00b7\u7c73\u52d2\u662f\u8ab0\uff1f<\/h2>\n

\u6839\u64da\u6700\u8fd1\u768413F\u6587\u4ef6\uff0c\u7531\u50b3\u5947\u50f9\u503c\u6295\u8cc7\u8005\u6bd4\u723e\u00b7\u7c73\u52d2\uff08Bil\u200b\u200bl Miller\uff09\u7d93\u71df\u7684Miller Value Partners\u5728\u4e0a\u500b\u5b63\u5ea6\u958b\u59cb\u6295\u8cc7Silvergate\u3002\u7c73\u52d2\u5728\u6295\u8cc7\u9818\u57df\u6709\u8457\u60a0\u4e45\u7684\u6210\u529f\u8a18\u9304\uff0c\u57281991\u5e74\u81f32005\u5e74\uff0c\u4ed6\u7684\u65d7\u8266\u57fa\u91d1\u56de\u5831\u7387\u9023\u7e8c15\u5e74\u8d85\u904e\u6a19\u6e96\u666e\u723e500\u6307\u6578\u7684\u56de\u5831\u7387\u3002\u7c73\u52d2\u662f\u4e00\u4f4d\u9577\u671f\u6295\u8cc7\u8005\uff0c\u4e26\u4e14\u662f\u6700\u65e9\u6b61\u8fce\u4e26\u6295\u8cc7\u6bd4\u7279\u5e63\u7684\u6295\u8cc7\u8005\u4e4b\u4e00\u3002\u56e0\u6b64\uff0c\u4ed6\u6709\u52c7\u6c23\u61c9\u5c0d\u6bd4\u7279\u5e63\u6216Silvergate\u7b49\u80a1\u7968\u7684\u6ce2\u52d5\u4e5f\u5c31\u4e0d\u8db3\u70ba\u5947\u4e86\u3002<\/p>\n

\u7c73\u52d2\u600e\u9ebc\u770b\u5f85Silvergate\uff1f<\/h2>\n

\u8207\u8a31\u591a\u5229\u7528\u52a0\u5bc6\u8ca8\u5e63\u9ad8\u6f32\u8208\u8da3\u6025\u65bc\u4e0a\u5e02\u7684\u516c\u53f8\u4e0d\u540c\uff0cSilvergate\u662f\u76c8\u5229\u7684\uff0c\u53bb\u5e74\u6536\u5165\u7d041.2\u5104\u7f8e\u5143\u30022018\u5e74\u81f32021\u5e74\uff0c\u8a72\u516c\u53f8\u6536\u5165\u4ee531.3%\u7684\u8907\u5408\u5e74\u589e\u9577\u7387\u9a5a\u4eba\u5730\u589e\u9577\u3002<\/p>\n

\u8a72\u80a1\u7968\u7684\u5e02\u8cec\u7387\u4e5f\u50c5\u70ba0.63\u3002\u5f9e\u7406\u8ad6\u4e0a\u8b1b\uff0c\u9019\u610f\u5473\u8457\u5982\u679cSilvergate\u88ab\u6e05\u7b97\uff0c\u5176\u8cc7\u7522\u50f9\u503c\u5c07\u9060\u9060\u9ad8\u65bc\u8a72\u80a1\u7968\u4eca\u5929\u7684\u4ea4\u6613\u50f9\u683c\uff0c\u6240\u4ee5\u6295\u8cc7\u8005\u7684\u6295\u8cc7\u5341\u5206\u5b89\u5168\u3002<\/p>\n

\u7c73\u52d2\u9810\u6e2cSilvergate\u7684\u6536\u5165\u5728\u672a\u4f86\u5169\u5e74\u5c07\u4ee540%\u7684\u8907\u5408\u5e74\u589e\u9577\u7387\u589e\u9577\u3002\u6b78\u6839\u7d50\u5e95\uff0c\u9019\u662f\u4e00\u9805\u91dd\u5c0d\u98a8\u96aa\u627f\u53d7\u80fd\u529b\u5f37\u7684\u6295\u8cc7\u8005\u7684\u6295\u8cc7\u3002\u8a8d\u70ba\u52a0\u5bc6\u8ca8\u5e63\u5c07\u9577\u671f\u5b58\u5728\u7684\u6295\u8cc7\u8005\u53ef\u80fd\u6703\u9078\u64c7\u8207\u4e16\u754c\u9802\u7d1a\u50f9\u503c\u6295\u8cc7\u8005\u4e00\u8d77\u51fa\u624b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u9019\u53ea\u52a0\u5bc6\u8ca8\u5e63\u80a1\u7968\u5f9e\u9ad8\u9ede\u4e0b\u8dcc\u4e8680%\u4ee5\u4e0a\uff0c\u4f46\u4e00\u4f4d\u5104\u842c\u5bcc\u7fc1\u6295\u8cc7\u8005\u6b63\u5728\u8cb7\u5165\u8a72\u80a1\u3002 \u52a0\u5bc6\u8ca8\u5e63\u5e02\u5834\u76ee\u524d\u8655\u65bc\u52d5\u76ea\u72c0\u614b\u2014\u2014\u6bd4 […]<\/p>\n","protected":false},"author":9,"featured_media":446087,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[426],"tags":[2109,2176,804,641],"class_list":["post-446090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hant","tag-2109","tag-2176","tag-804","tag--zh-hant","sectors-financial-products-zh-hant","sectors-technology-zh-hant","locations-us-zh-hant","exchange-nasdaq-zh-hant","exchange-nyse-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/446090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=446090"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/446090\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/446087"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=446090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=446090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=446090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}