Crypto Friendly Customers Bank Said to Debank Some Digital Asset Hedge Funds

The West Studying, Pennsylvania-based firm, which is owned by Clients Bancorp (CUBI), offers solely in U.S. {dollars} and doesn’t settle for cryptocurrency or make loans to help crypto actions. It gives its shoppers, estimated at properly over 100 digital asset companies, a real-time blockchain-based funds platform known as Buyer Financial institution On the spot Token (CBIT) that permits crypto shoppers to make U.S. greenback funds 24/7.