3 Crypto Stocks That Are Screaming Buys
There is now a whole group of stocks in the crypto industry that are not cryptocurrencies themselves, but help support the industry -- whether through payments infrastructure, crypto wallets, asset managers, exchanges, or other means.
This group of stocks has in the past had a high correlation to the movement of cryptocurrencies like Bitcoin. Because of this, as cryptocurrencies have struggled in recent months, so has this group of stocks. But for some, I don't think the sell-off is justified. Here are three crypto stocks that I think are screaming buys.
Silvergate Capital (NYSE: SI), a crypto bank with nearly $16 billion in assets, has built a proprietary real-time payments system called the Silvergate Exchange Network (SEN) that better facilitates crypto trading between large U.S. cryptocurrency exchanges and institutional traders.
Source Fool.com
