FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto

FundBank has rebranded as IRACE Digital, signaling its aggressive move into the cryptocurrency sector with the aim of blending traditional banking with digital assets. Under new leadership from former Zodia Custody CEO John Cronin, the company is now focusing on digital asset custody, liquidity, and execution services. This strategic pivot highlights a growing trend where established financial institutions are embracing blockchain technology and cryptocurrencies to stay relevant in a rapidly evolving financial landscape. The move could set a precedent for how traditional banks integrate with the crypto world.