Ramp applies for US national trust bank charter with OCC
Financial technology platform Ramp has applied to the US Office of the Comptroller of the Currency for a national trust bank charter to offer fiduciary investment management and digital asset custody services.
Financial technology company Ramp has filed an application with the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter, according to a report by Bloomberg's Paige Smith. The filing marks the latest effort by a startup to secure federal authorization and expand into the banking sector.[1][2][3]
If approved by regulators, the proposed entity—named Ramp National Trust Bank—would be authorized to offer fiduciary investment management alongside digital asset custody services under federal oversight.[2][4][5]
The charter application highlights increasing institutional interest in regulated cryptocurrency custody and points to fintech platforms seeking deeper integration into digital finance frameworks.[5][6]
Key facts
- Ramp applied to the US Office of the Comptroller of the Currency for a national trust bank charter.
- The proposed charter would authorize the entity to offer fiduciary investment management and digital asset custody services.
- The planned entity seeking federal oversight is named Ramp National Trust Bank.
- Ramp's charter application was reported by Bloomberg reporter Paige Smith.
Sources · 6 sources
- BL
Bloomberg@businessPost on X ·
Financial technology firm Ramp said it applied with the Office of the Comptroller of the Currency for a trust bank charter, the latest startup to push into the banking realm https://t.co/dmhWNV0wyA
Open source - TE
TechmemeArticle ·
Ramp says it applied to the US OCC for a trust bank charter that, if approved, would allow it to offer fiduciary investment management and digital asset custody (Paige Smith/Bloomberg) Paige Smith / Bloomberg : Ramp says it applied to the US OCC for a trust bank charter that, if approved, would allow it to offer fiduciary investment management and digital asset custody — Financial technology firm Ramp said it applied with the Office of the Comptroller of the Currency for a trust bank charter …
Open source - TE
Techmeme@TechmemePost on X ·
Ramp says it applied to the US OCC for a trust bank charter that, if approved, would allow it to offer fiduciary investment management and digital asset custody (@paigesmithnews / Bloomberg) (Visit Techmeme dot com for the link and full context!)
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🇺🇸 UPDATE: Ramp has applied to the OCC for a national trust bank charter that would let it offer fiduciary investment management and digital asset custody. https://t.co/cp5nRWUo6o
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: AI-powered finance platform Ramp has applied to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. If approved, the proposed Ramp National Trust Bank would be authorized to provide fiduciary investment management and digital asset custody services under federal oversight.
Open source - CB
Crypto BriefingArticle ·
Ramp applies for a national trust bank charter with the OCC Ramp's move highlights growing institutional interest in regulated crypto custody, potentially reshaping fintech's role in digital finance. The post Ramp applies for a national trust bank charter with the OCC appeared first on Crypto Briefing .
Open source