A Texas community bank just made a move that's got people talking. Monet Bank dropped news that they're diving into crypto lending and setting up shop as a digital-asset banking platform. Think of it as infrastructure play for the blockchain economy.
The numbers? They're sitting on under $6 billion in assets with roughly $1 billion in capital backing them up. Not exactly a giant, but big enough to make waves in this space.
What's interesting here is seeing regional banks positioning themselves as bridges between traditional finance and crypto rails. While major institutions keep testing the waters, smaller players like this are carving out specific niches in digital-asset banking infrastructure. Could be a trend worth watching as regulatory clarity improves.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
A Texas community bank just made a move that's got people talking. Monet Bank dropped news that they're diving into crypto lending and setting up shop as a digital-asset banking platform. Think of it as infrastructure play for the blockchain economy.
The numbers? They're sitting on under $6 billion in assets with roughly $1 billion in capital backing them up. Not exactly a giant, but big enough to make waves in this space.
What's interesting here is seeing regional banks positioning themselves as bridges between traditional finance and crypto rails. While major institutions keep testing the waters, smaller players like this are carving out specific niches in digital-asset banking infrastructure. Could be a trend worth watching as regulatory clarity improves.