Wu Blockchain (@WuBlockchain): Circle Wins Approval to Establish U.S. National Trust Bank, Shares Jump Over 7.7% Premarket

Circle Wins Approval to Establish U.S. National Trust Bank, Shares Jump Over 7.7% Premarket Circle shares rose more than 7.7% in pre-market trading after the company said it received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank, N.A., which will operate as Circle National Trust. Once launched, the bank will initially provide fiduciary digital asset custody services to Circle and its affiliates.