Texas Monet Bank Plans Crypto Services as Bitcoin Hits $126K High
The post Texas Monet Bank Plans Crypto Services as Bitcoin Hits $126K High appeared on BitcoinEthereumNews.com. Monet Bank, a Texas-based institution owned by billionaire Andy Beal, has rebranded to prioritize cryptocurrency services, offering secure digital asset banking solutions amid regulatory shifts. This move positions it as a premier provider for crypto custody, lending, and blockchain-integrated transactions, capitalizing on Bitcoin’s 2025 all-time high of $126,000. Rebranding Focus: Monet Bank’s transition from Beal Savings Bank to XD Bank and now Monet Bank emphasizes digital asset innovation for the modern economy. Regulatory Changes: Recent federal adjustments under the Trump administration have eased restrictions, enabling banks like Monet to engage with cryptocurrencies without prior cautions. Growth in Sector: With Bitcoin hitting $126,000 in 2025, institutions such as Monet are expanding services, including blockchain for faster payments, supported by FDIC regulation and over $1 billion in capital. Discover how Monet Bank’s pivot to cryptocurrency services is reshaping banking. Explore secure digital asset solutions and regulatory insights for crypto investors today. (148 characters) What is Monet Bank’s Strategy for Cryptocurrency Services? Monet Bank’s cryptocurrency services represent a strategic pivot to integrate digital assets into traditional banking, providing clients with custody, lending, and blockchain-based transactions. Founded in 1988 as Beal Savings Bank, the Texas institution has undergone two rebrands in 2025—first to XD Bank and now to Monet Bank—to align with the digital economy. This evolution allows FDIC-insured operations while offering innovative tools for cryptocurrency users, backed by less than $6 billion in assets and strong capital reserves. How Does Monet Bank’s Rebranding Impact Crypto Banking? Monet Bank’s rebranding to focus on cryptocurrency services stems from a clear vision to become a leading digital asset financial institution. According to the bank’s official statement, it aims to deliver “innovative and forward-facing solutions for the digital economy,” operating through six Texas offices under strict FDIC oversight. This small community bank, with assets under $6 billion…
BitcoinEthereumNews2025/12/07 09:52