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IRACE Digital Acquires Tenet Bank | Bitcoin and Crypto News
Description
FundBank rebrands as IRACE Digital and just acquired Tenet Bank in the Caymans, launching a bold push into digital assets with custody, liquidity, and execution services—all under one roof. Bringing in John Cronin, ex-Zodia Custody CEO, and a team of Zodia veterans, IRACE is building a unified platform that merges traditional finance with crypto, solving the messy puzzle institutions face when juggling multiple providers. With regulated operations already in the U.S., Europe, and Caymans—and eyes on more approvals—this move signals that legacy finance is fully embracing the digital asset revolution.
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