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2 sourcesTracking since 4 Sept, 07:40

OpenReserve wins initial OCC approval for U.S. bank

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Andreessen Horowitz

Chronological coverage

4 September
Latest4 Sept, 10:18
Andreessen Horowitz-backed OpenReserve secures preliminary OCC approval for national bank charter
OpenReserve Holdings received preliminary OCC approval for a national bank focused on onchain settlement, following a $25 million seed round.
The Block•Brian Danga
First seen4 Sept, 07:40
OpenReserve wins initial OCC approval for U.S. bank
OpenReserve received preliminary OCC approval for an insured national bank but must raise $210 million and meet preopening requirements.
Crypto.news•Olivia Stephanie