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
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.

You May Also Like

Elizabeth Warren Questions MrBeast’s Purchase of Teen Fintech Step

The senator raises concerns about the implications for youth financial services.Highlights: Senator Elizabeth Warren questions MrBeast's fintech acquisition.Warren...

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...