A federally chartered crypto bank is preparing for a major funding round of $200-400M, laying groundwork for a potential 2026 IPO launch. The institution has significantly expanded its service portfolio in recent years, now offering custody solutions, spot and derivatives trading, staking infrastructure, and stablecoin capabilities. A notable partnership with Tether on the USAT stablecoin further strengthens its ecosystem positioning. The company previously closed a $350M Series C at a $3B+ valuation, marking rapid institutional adoption in the digital asset space. This funding push suggests growing institutional demand for regulated crypto banking services.
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OffchainOracle
· 2h ago
Going public in 2026? That's a bit fast. It feels like another wave of institutional rush.
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CryptoWageSlave
· 2h ago
A funding amount of 200-400M isn't that large; a valuation of 3B still feels a bit inflated...
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NFTDreamer
· 2h ago
I heard last year that this bank was up to something, and now they're heading straight for an IPO in 2026. The pace... it's a bit hard to keep up.
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GasGuru
· 2h ago
Damn, it's Tether again. This guy's fundraising progress is insanely fast.
A federally chartered crypto bank is preparing for a major funding round of $200-400M, laying groundwork for a potential 2026 IPO launch. The institution has significantly expanded its service portfolio in recent years, now offering custody solutions, spot and derivatives trading, staking infrastructure, and stablecoin capabilities. A notable partnership with Tether on the USAT stablecoin further strengthens its ecosystem positioning. The company previously closed a $350M Series C at a $3B+ valuation, marking rapid institutional adoption in the digital asset space. This funding push suggests growing institutional demand for regulated crypto banking services.