Texas Bank Monet Expands into Crypto Banking, Joining Growing Niche

Monet, a community bank based in Texas, is entering the competitive field of cryptocurrency-focused banking. The small lender is positioning itself to serve digital asset businesses and crypto clients, a sector seeing increased institutional interest. This move highlights the ongoing integration of traditional finance with the digital currency ecosystem. By offering specialized banking services, Monet aims to capture a share of the growing market for compliant crypto-finance infrastructure, following the path of other niche banks that cater to blockchain companies. The expansion reflects a broader trend of financial institutions adapting to the demands of the crypto economy.