Ramp says it applied to the US OCC for a trust bank charter that, if approved, would allow it to offer fiduciary investment management and digital asset custody
THE SO WHAT
Ramp chasing an OCC trust bank charter is fintech converging with regulated banking to own both payments and custody. If you’re a B2B platform touching funds or digital assets, expect customers to ask whether you can be a primary financial relationship, not just a layer on top.
READ THE SOURCE
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