‘Already Live’: Signature Bank Is Moving Millions on a JPMorgan-Like Private, Dollar-Backed Cryptocurrency
While crypto-land is abuzz about JPMorgan’s plan to move dollars via blockchain, a smaller New York bank is already doing this.
Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020.
Crypto banking rivals Prime Trust and Signature Bank have partnered to offer "real-time" settlements for institutional digital asset trades.
Tokensoft has partnered with New York-based Signature Bank in a bid to make security tokens click for real estate investors.
U.K.-based crypto exchange CEX.io says it's joined the Silvergate Exchange Network, the payment rail of the go-to bank for crypto in the U.S..
The startup that helped Signature Bank beat JPMorgan to the punch is hiring a former Bridgewater Associates manager as its new CEO.