BankingBusiness

Arca Labs: Announce a new relationship with Signature Bank

  • Arca Labs, the innovation division of Arca, a digital assets investment firm that blends traditional finance with cutting edge blockchain technology
  • A pioneer in servicing the digital assets industry, Signature Bank’s Signet platform a blockchain-based, real-time payments system that operates 24/7
  • Each Signet within the platform equal to one U.S. dollar (held in escrow at the Bank)
  • With this new functionality, customers of Signature Bank an active Signet account use the platform to efficiently move U.S. dollars
  • This integration, while increasing connectivity for mutual customers of Signature Bank and Arca
  • Relationship with Signature Bank a continuation of a series of important and foundational relationships
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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