Ramp says it applied to the US OCC for a trust bank charter that, if approved, would allow it to offer fiduciary investment management and digital asset custody (Paige Smith/Bloomberg)
### Briefing MiniMax, a company specializing in digital asset management, has applied to the US Office of the Comptroller of the Currency (OCC) for a trust bank charter. The application was submitted to the OCC, which is responsible for supervising and regulating banks in the United States. The OCC's approval would allow MiniMax to operate under a trust bank charter, enabling it to offer fiduciary investment management and digital asset custody services.
Key points
### Briefing
MiniMax, a company specializing in digital asset management, has applied to…: ### Briefing
MiniMax, a company specializing in digital asset management, has applied to the US Office of the Comptroller of the Currency (OCC) for a trust bank charter.
The application was submitted to the OCC, which is responsible for supervising and regula…: The application was submitted to the OCC, which is responsible for supervising and regulating banks in the United States.
The OCC's approval would allow MiniMax to operate under a trust bank charter, enabling it…: The OCC's approval would allow MiniMax to operate under a trust bank charter, enabling it to offer fiduciary investment management and digital asset custody services.
Sources checked by our analysis pipeline: 1
MiniMax: |
Kai Nicol-Schwarz / CNBC: |
Theo Francis / Wall Street Journal: |
Chance Miller / 9to5Mac: |
Todd Bishop / GeekWire: |
Raphael Satter / Reuters: |
Connor Hart / Wall Street Journal: |
Dan Mangan / CNBC: |
Matthias Bastian / The Decoder: |
Stephanie Palazzolo / The Information: |
Dominic-Madori Davis / TechCrunch: |
Financial Times: |
Todd Bishop / GeekWire: |
Engineering at Meta: |
Brian Krebs / Krebs on Security: |
Bloomberg: |
Alex Konrad / Upstarts Media: |
Bloomberg: |
Stephen Nellis / Reuters: |
Belle Lin / Wall Street Journal: |
Kevin Townsend / SecurityWeek: |
ProPublica: |
Zack Abrams / The Block: |
Jeremie Eliahou Ontiveros / SemiAnalysis: |
Blake Brittain / Reuters: |
Sarah Perez / TechCrunch: |
Paige Smith / Bloomberg: |
Maddy Varner / Wired: |
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