TREE NEWS update: OpenReserve, backed by Andreessen Horowitz (a16z), has received approval to operate as a full-service national bank. Choosing a full national charter over the trust-bank route typical for crypto firms, the startup can now offer insured deposits and conventional lending alongside stablecoin issuance. This approval marks a significant step for crypto-native banking integration.
A16z-Backed OpenReserve Gets Full National Bank Approval
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