Digital Asset Banks
Digital Asset Banks (a.k.a. “crypto banks” or “crypto-native banks”) are real banks – with an added feature: they are permitted to provide custody services for digital assets.
Crypto banks give owners of digital assets traditional banking services for the money they’ve placed into digital coins and tokens. These services include deposits and withdrawals, staking, rewards, making payments, receiving digital assets via direct deposit, and lending and borrowing – and all accounts qualify for FDIC protection.