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Monet Bank, Owned by Trump Supporter, Enters Cryptocurrency Services

2025/12/08 15:00 (Updated 2025/12/09 07:01)
CoinPost
Written by N.Koda
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Monet Bank, Owned by Trump Supporter, Enters Cryptocurrency Services

Bank Specializing in Cryptocurrencies

Monet Bank, a community bank based in Texas, is set to enter the financial services industry specializing in cryptocurrencies, as reported by tech media outlet 'The Information'. Owned by billionaire and major Trump supporter Andy Beal, Monet Bank is a small regional financial institution with less than $6 billion in assets and approximately $1 billion in capital. Established in 1988 in Dallas as Beal Savings Bank, it is slated to rebrand as XD Bank in early 2025.

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Iolite Vol.17

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Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.17

January 2026 issueReleased on 2025/11/29
Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.