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FundBank Changes Its Name to IRACE Digital and Acquires Tenet Bank
Svmuu News: FundBank has rebranded as IRACE Digital and acquired Tenet Bank in the Cayman Islands. The specific acquisition amount has not yet been disclosed. The transaction integrates digital asset banking services and fintech-focused clients into IRACE’s existing institutional banking operations. John Cronin, former CEO of Zodia Custody, has been appointed Global CEO, and IRACE is expanding into the areas of custody, liquidity, and trading infrastructure. (CoinDesk)
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