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Arca Labs: Announce a new relationship with Signature Bank

March 22, 2021

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