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BREAKING12:21 AM
Whale Fat-Fingers $2M HYPE Sell Order, Triggering 2.6% Flash Crash↗
Alert00:21

Whale Fat-Fingers $2M HYPE Sell Order, Triggering 2.6% Flash Crash

Crypto00:06

Spot XRP and Solana ETFs See Sustained Inflows; SOL Products Hit $638M Cumulative

Macro00:05

US Home Delistings Surge 28% to Highest September Level Since 2017

Crypto23:06

Paxos' Stablecoins (USDG & PYUSD) See Rapid Growth and Lead Major Market Cap Segment

Alert22:06

Justin Sun Alleges $500M Techteryx Fraud Scheme Involving FDT, Legacy Trust, and Vincent Chok

Crypto22:06

Aztec Network Concludes First CCA on Uniswap with $59M Committed; Settlement 59% Above Floor

Alert22:06

Kevin Hassett reportedly poised to be next Fed Chair; predicts rate cut

Macro22:06

US Market Share Volume Hits Record Highs Amid Retail Boom

Crypto22:06

Centrifuge Records $1.3 Billion Inflows with Sky Ecosystem Allocation

Crypto22:06

Rayls Labs Secures $1B Tokenized Credit Commitment for 2026 Mainnet

Crypto22:06

Base Network TVL Nears ATH as Armstrong Teases December 17 Update

Summary22:00

24H Summary: Hyperliquid Integrates Native USDC & French Bank BPCE Enters Crypto

Summary21:15

6 Hour Summary: Jupiter Retracts 'Zero Risk' Claims & Hyperliquid Lists SOL Ticker

Gov21:06

Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto

Crypto21:06

CZ Emphasizes Strict Private Key Isolation for Hardware Wallets

Macro21:06

US Small Business Bankruptcies Surge to Records as Inflation Persists

Alert20:06

Jupiter Team Admits 'Zero Risk' Claim Inaccurate Amid Rehypothecation Scrutiny

Crypto20:06

Binance Futures Adds RWUSD as Reward-Bearing Margin Asset

Crypto20:06

Base Network Payment Protocol Settlements Cross $500k with High Weekly Growth

Crypto20:06

Ethereum Stablecoin Velocity and Lending Liquidity Reach All-Time Highs

 
Alert

Monet Bank, Led by Billionaire Andy Beal, Officially Launches Crypto Lending Services

12/05/2025, 22:34
12/06/2025, 09:07
AI SUMMARY
●Monet Bank, owned by billionaire Andy Beal, has officially launched its crypto lending and digital asset banking services.
●The Texas-based, federally chartered bank aims to serve as infrastructure for the sector, backed by approximately $1 billion in capital.
●This move confirms earlier reports of a 'Trump backer' entering the crypto banking space with a regulatory-compliant institution.
According to a report by The Information, a billionaire backer of Donald Trump was reported to be preparing to unveil a new cryptocurrency bank named Monet Bank. The institution was described as a federally chartered bank, positioning it directly within the United States federal regulatory framework for financial institutions. [Update 1] Details on Official Launch and Services Monet Bank has officially announced its entry into the crypto lending and digital asset banking sector. The bank is owned by Texas billionaire Andy Beal, confirming previous reports regarding a wealthy backer. Monet Bank aims to position itself as an infrastructure bank for digital assets. The institution reports having under $6 billion in assets and approximately $1 billion in capital, and it intends to leverage its balance sheet to support the digital asset ecosystem.

Sources (2)

01@WuBlockchain↗02zoomer↗
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