🔥 Sony Makes a Power Move Into Crypto Banking
Sony Bank just filed for a national crypto banking charter 👀
Through its subsidiary Connectia Trust, Sony plans to:
💵 Issue USD-pegged stablecoins
🔒 Offer custody + asset management services
🏦 Maintain reserve assets under OCC regulation
They’re joining the likes of Stripe, Coinbase, Paxos, and Circle in chasing full-on crypto banking status.
The timing? Perfect.
Stablecoins are a $312B market with projections pushing $360B by early 2026.
Sony’s already been building in crypto (remember Soneiun, their ETH L2 from Startale?).
Now they’re coming for the banks too.
Big Tech meets TradFi.
Floodgates opening. 🌊
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