Ramp Seeks National Trust Bank Charter for Digital Asset Custody
By PYMNTS
AI summary of the source article
Finance platform Ramp has submitted an application to the Office of the Comptroller of the Currency to establish Ramp National Trust Bank. The proposed bank would offer fiduciary investment management and digital asset custody.
Key facts
- Ramp applied to the Office of the Comptroller of the Currency to form Ramp National Trust Bank on Friday (Oct. 16).
- The proposed national trust bank aims to provide fiduciary investment management and custody of digital assets.
- Ramp announced the application in a post on X on Monday (Oct. 19).
Source excerpt · PYMNTS
Finance platform Ramp aims to form a national trust bank that would offer fiduciary investment management and custody of digital assets, the company said in a Monday (Oct. 19) post on X. Ramp submitted an application to establish the proposed Ramp National Trust Bank to the Office of the Comptroller of the Currency (OCC) on Friday (Oct. 16), according to the post. “The […] The post Ramp Seeks Nati…