FundBank Renamed IRACE Digital and Acquires Tenet Bank

2026-06-29 19:32

Woofun AI reports that FundBank has officially rebranded as IRACE Digital after acquiring Tenet Bank in the Cayman Islands. The transaction integrates digital asset banking services and fintech-focused clients into IRACE's existing institutional banking operations. Former Zodia Custody CEO John Cronin has been appointed as the new global CEO, with the firm expanding into custody, liquidity, and trading infrastructure.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.

Trending News

Dollar Bets Hit 2017 Highs as $34.5B Longs Face Squeeze Risk

Bitcoin Nears $60,697 as $502M in Shorts Face Liquidation Risk

Bitcoin Faces $50,000 Risk as $200M Longs Liquidate and $1B Put Interest Mounts

Prediction Markets Shift In-House, Sparking M&A Amid Regulatory Clash

Vitalik Buterin Proposes Obfuscation for Private Voting Despite Galactic Compute Costs

Germany Secures 57 MiCA Licenses While Five EU Nations Issue Zero

77,000 Bitcoin Supply Surge Outpaces Institutional Demand Amid ETF Outflows

Bitcoin Whale Withdraws 340 BTC From Binance To Accumulate 2,850 Coin Stash

Metaplanet Targets 169,823 More Bitcoin to Secure 1% of Total Supply

Top Altcoins Down 60% as $1.3B Buybacks Fuel Selective Recovery