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Finance
Rain Pursues a National Trust Bank Charter to Circumvent Third‑Party Banking Services
Rain, a company that specializes in stablecoin payments, has announced an ambitious plan to secure a national trust bank charter in the United States, specifically targeting the state of New York. By obtaining this charter, Rain aims to create a fully integrated banking entity that can operate without relying on external, third‑party banks for custodial and settlement services. The core idea behi…
Oct. 7, 2026, 9:09 a.m.
Finance
Rain Pursues a National Trust Bank Charter to Circumvent Third‑Party Banking Services
Rain, a company that specializes in stablecoin‑based payment solutions, has announced an ambitious strategy to obtain a national trust bank charter in the United States. By securing this charter, Rain aims to sidestep the reliance on traditional third‑party banks that have historically acted as custodians and intermediaries for its digital‑currency operations. The move reflects a broader industry…
Oct. 7, 2026, 9:09 a.m.
Finance
Rain Pursues a National Trust Bank Charter to Circumvent Third‑Party Banking Services
Rain, a fintech company that specializes in stablecoin payments, has announced its intention to apply for a national trust bank charter in order to eliminate its reliance on traditional third‑party banks. This strategic move reflects a broader trend within the digital asset industry, where firms are seeking greater control over the custodial and settlement processes that underpin their services. …
Oct. 7, 2026, 9:09 a.m.
Finance
Rain pursues a national trust bank charter to avoid reliance on external banks
Rain, a rapidly growing company that specializes in stablecoin payments, has announced its intention to apply for a national trust bank charter in the United States. The move is designed to give the firm direct control over the custody of both digital assets and traditional fiat currency, thereby eliminating the need to depend on third‑party banking institutions for critical financial operations.…
Oct. 7, 2026, 9:09 a.m.
Finance
Rain Pursues a National Trust Bank Charter to Circumvent Third‑Party Banking Services
Rain, a fast‑growing payments platform that specializes in stablecoin transactions, has announced its intention to apply for a national trust bank charter in the United States. The move is designed to eliminate the company’s reliance on traditional, third‑party banks for custodial and settlement services, thereby granting Rain direct control over both digital and fiat assets. By securing a trust …
Oct. 7, 2026, 9:09 a.m.
Finance
Rain Pursues a National Trust Bank Charter to Circumvent Third‑Party Banking Services
Rain, a rapidly growing company specializing in stablecoin payment solutions, has announced its intention to apply for a national trust bank charter in the United States. The strategic move is designed to give the firm direct control over the custody of both digital assets and traditional fiat currency, thereby reducing its reliance on external banking partners. By establishing a trust bank under…
Oct. 7, 2026, 9:09 a.m.
Finance
Rain Pursues a National Trust Bank Charter to Circumvent Third-Party Banking Services
Rain, a company that specializes in stablecoin payment solutions, is actively seeking a national trust bank charter with the aim of sidestepping the reliance on traditional, third‑party banking institutions. By obtaining this charter, Rain intends to establish a fully regulated trust bank headquartered in New York, which would serve as a cornerstone for its broader strategy to integrate digital a…
Oct. 7, 2026, 9:09 a.m.
Finance
Founders Fund, Backed by Peter Thiel, Leads $5 Million Token Acquisition in Anvil’s Crypto‑Collateral Platform
Anvil, a burgeoning player in the decentralized finance (DeFi) ecosystem, has announced a significant financing milestone that underscores the growing institutional confidence in crypto‑backed collateral solutions. The company secured a $5 million token purchase led by the Founders Fund, a venture capital firm famously co‑founded by Peter Thiel. This investment round also attracted notable partic…
Oct. 6, 2026, 5 p.m.
Finance
Peter Thiel-backed Founders Fund Leads $5 Million Token Purchase in Anvil’s Crypto‑Collateral Platform
Anvil, a burgeoning protocol that enables businesses to use crypto assets as collateral, has secured a significant infusion of capital through a token purchase valued at roughly $5 million. The lead investor in this round is Founders Fund, the venture capital firm co‑founded by Peter Thiel, which has a long history of backing disruptive technology ventures. Alongside Founders Fund, two other prom…
Oct. 6, 2026, 5 p.m.
Finance
Founders Fund, Backed by Peter Thiel, Leads $5 Million Token Investment in Anvil’s Crypto‑Collateral Platform
Anvil, a fast‑growing startup focused on building a next‑generation crypto‑collateral protocol, has secured a $5 million token purchase round led by the Peter Thiel‑backed venture firm Founders Fund. The financing round also attracted participation from two other prominent crypto‑focused investors, Pantera Capital and Bullish, both of which committed additional capital to the ANVL token acquisiti…
Oct. 6, 2026, 5 p.m.