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Commercium Financial, Inc Granted Wyoming SPDI Bank Charter

 2 years ago
source link: https://fintechranking.com/2021/08/10/commercium-financial-inc-granted-wyoming-spdi-bank-charter/
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Commercium Financial, Inc Granted Wyoming SPDI Bank Charter

Commercium Financial, Inc has been granted a new Bank Charter on August 9, 2021 by the Wyoming Division of Banking as a Special Purpose Depository Institution (“SPDI”). This charter gives Commercium the unique ability to bridge the gap between the digital financial world and the traditional banking systems. Commercium Financial is the fourth SPDI to receive approval.

“This Charter allows us to deploy a unique set of technology solutions that connect traditional banking systems to tokenized assets and securities,” said Jonathan Dever, Chief Executive Officer of Commercium Financial Inc. “Commercium’s mission is to create a fully digital and automated financial institution that offers a blend of traditional banking and new to the market digitization and asset tokenization products. Regulatory compliance is at the heart of what we do.”

Read more: PRWEB


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