FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto
CoinDesk 2026-06-29 11:30:00
Context: FundBank, an institutional banking provider, is rebranding itself as IRACE Digital as part of its effort to bridge the gap between traditional finance and cryptocurrency. This move involves expanding into digital asset custody, liquidity, and execution services. The rebranding comes under the leadership of John Cronin, the former CEO of Zodia Custody.
Key Facts
- FundBank is rebranding itself as IRACE Digital in an effort to bridge traditional finance and cryptocurrency, expanding its services to include digital asset custody, liquidity, and execution services.
- The rebranding is accompanied by the appointment of John Cronin, former CEO of Zodia Custody, who will take the helm of IRACE Digital.
- IRACE Digital aims to provide a link between traditional financial systems and the emerging cryptocurrency market, offering a range of digital asset services.
- The expansion into digital assets reflects a growing trend among traditional financial institutions to engage with the cryptocurrency sector.
- John Cronin's experience in digital asset custody, gained during his tenure at Zodia Custody, is expected to play a significant role in shaping IRACE Digital's strategy in the market.