COINOTAG News reports that Monet Bank, a Texas-based community lender, has entered the crypto lending arena, branding itself as a digital asset-focused infrastructure bank. The move signals a formal foray into crypto lending, with a focus on regulated, scalable solutions for the digital economy.
Public records trace Monet Bank to Beal Savings Bank, founded in 1988. The lender—backed by a billionaire political donor to Trump via Beal Financial Corp.—reports assets under $6 billion and capital a touch above $1 billion, underscoring its status as a smaller Texas community bank while pursuing crypto-related services.
Analysts caution that Monet Bank aims to leverage its regulated framework to offer compliant digital-asset financing and custody-linked products, appealing to institutions seeking governance and risk controls. The development signals prudent diversification, not speculative expansion.
Source: https://en.coinotag.com/breakingnews/monet-bank-enters-cryptocurrency-lending-as-a-digital-asset-infrastructure-bank-backed-by-trump-ally-andy-beal
