Wu Blockchain (@WuBlockchain): Monet Bank, a Texas community bank owned by billionaire and key Trump backer Andy Beal, announced it is entering crypto lending and digital-asset bank…
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Monet Bank, a Texas community bank owned by billionaire and key Trump backer Andy Beal, announced it is entering crypto lending and digital-asset banking, positioning itself as an infrastructure bank for digital assets. The bank reports <$6B in assets and ~$1B in capital. Monet joins a small cohort of U.S. banks moving into crypto, including Erebor Bank (OCC conditional charter) and N3XT, founded by former Signature executives (Wyoming SPDI). https://twitter.com/i/web/status/1997221097620885655