Ramp Seeks National Trust Bank Charter for Digital Asset Custody
Ramp applies for national trust bank charter to custody digital assets.
In brief
Ramp applies for national trust bank charter to custody digital assets. Ramp seeks federal charter for a national trust bank to manage digital assets without taking deposits or loans. Originally reported by Pymnts.
Ramp applies for national trust bank
Ramp aims to form a national trust bank offering fiduciary investment management and digital asset custody services.
Ramp submits application to OCC
Ramp submitted application to the Office of the Comptroller of the Currency on Friday, October 16, 2026.
Ramp's mission statement
The proposed bank would bring services under federal regulation to save businesses time and money without taking deposits or loans.
Ramp's $60 billion valuation
Ramp co-founders Eric Glyman and Karim Atiyeh reported $60 billion valuation after raising $1.85 billion in funding.
Ramp's growth and features
Ramp serves 85,000 businesses with $2 billion annualized revenue and 476 additional features including AI tools.
The main idea
Ramp seeks federal charter for a national trust bank to manage digital assets without taking deposits or loans.
