NYSE-listed Silvergate Capital Corporation announced today that the company has appointed Rebecca Rettig, a former Partner at Manatt, Phelps & Phillips LLP, to the board of directors for both the Company and its subsidiary bank, Silvergate Bank.
Silvergate Capital Corporation is one of the well-known providers of innovative financial infrastructure solutions to the digital currency industry. The company is planning to take advantage of the extensive experience of Rettig for the expansion of its services.
“Rebecca’s broad wealth of knowledge in the blockchain and digital currency space make her a valuable addition to our board,” said Alan J. Lane, President, and CEO of Silvergate. “Her experience will support us as we continue to provide innovative solutions to the rapidly growing digital currency industry.”
Earlier this year, The Diem Association announced the sale of its intellectual property and other assets related to the running of the Diem Payment Network to Silvergate Capital Corporation. Through the recent initiatives, Silvergate aims to increase its presence in the global crypto and blockchain sector.
Rettig's Experience
In her career of more than 15 years, Rettig represented several leading blockchain clients in all aspects of litigation and regulatory enforcement proceedings as well as in regulatory licensing matters and before regulators. In her new role, she is planning to strengthen Silvergate’s position in the rapidly evolving digital asset ecosystem.
“I am honored to join Silvergate’s board at this moment of evolution in the bank’s history and the digital asset ecosystem,” said Rettig. “I look forward to working with Silvergate’s leadership and my fellow board members to strengthen the Company’s leadership position in this evolving and innovative industry.”
“Silvergate has transformed banking for companies in the crypto and blockchain space and plays a crucial and evolving role in the crypto sphere. The team behind Silvergate, led by Alan Lane, and the Silvergate Board chaired by Mike Lempres is continuing to innovate, and I am honored to build alongside them,” she added.
