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
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
59m ago
Nasdaq Golden Dragon China Index Rises 0.8% Friday, Down 2.5% Week
1h ago
US Jobs Report Knocks Bitcoin Below $81,000
1h ago
Pineapple Financial to tokenize $10B mortgages on Injective
1h ago
FinCEN: $13B in crypto scams tied to non-US operations
1h ago
Meme Coin BONER Takes Half of Hims & Hers Tokenized Shares on Robinhood
2h ago
Robinhood Defies AMC Over Stock Tokens, Says ‘Send Your Lawyers’