The post Texas Billionaire’s Monet Bank Steps Into Crypto Lending appeared first on Coinpedia Fintech News
Monet Bank, a Texas community bank owned by billionaire and major Trump supporter Andy Beal, is moving into crypto lending and digital-asset banking. With under $6 billion in assets and about $1 billion in capital, the bank aims to position itself as a key infrastructure provider for digital assets. Monet joins a small but growing group of U.S. banks entering the crypto space, alongside Erebor Bank, which holds an OCC conditional charter, and N3XT, a Wyoming-based SPDI founded by former Signature Bank executives.