BankProv, the tenth oldest current financial institution in the US has introduced a partnership with Rocketplace, a California-based cryptocurrency trade, to supply Banking-as-a-Service infrastructure and crypto-friendly banking options for its crypto buying and selling platform.
Rocketplace, a cryptocurrency platform serving retail traders in the US. will make the most of BankProv’s Banking as a Service (BaaS) providing to assist its want for entry to core banking companies, together with white-labeled deposit merchandise and cost rails.
BankProv, legally working as The Provident Financial institution since its founding in 1828, and a subsidiary of Provident Bancorp, Inc. (NASDAQ: PVBC), will energy On and Off-Ramps to bridge the gateway from fiat (USD)-crypto, permitting Rocketplace customers to shortly deposit, commerce, and withdraw funds.
Louis Beryl, the CEO and Co-Founding father of Palo Alto-based Rocketplace, stated:
“Digitally native shoppers are demonstrating a transparent desire for companies that provide velocity and belief.”
“By partnering with BankProv, Rocketplace is provided to satisfy this shopper demand by way of instantaneous deposits and quick, commission-free buying and selling of their favourite cryptocurrencies.”
Dave Mansfield, CEO of BankProv, added:
“Rocketplace’s commission-free buying and selling will change the sport for digital asset platforms”
“This partnership is without doubt one of the first within the business to assist a crypto-related enterprise with banking as a service resolution – additional solidifying our mission to supply much-needed banking companies to the business.”
BankProv, the tenth oldest current financial institution in the US has introduced a partnership with Rocketplace, a California-based cryptocurrency trade, to supply Banking-as-a-Service infrastructure and crypto-friendly banking options for its crypto buying and selling platform.
Rocketplace, a cryptocurrency platform serving retail traders in the US. will make the most of BankProv’s Banking as a Service (BaaS) providing to assist its want for entry to core banking companies, together with white-labeled deposit merchandise and cost rails.
BankProv, legally working as The Provident Financial institution since its founding in 1828, and a subsidiary of Provident Bancorp, Inc. (NASDAQ: PVBC), will energy On and Off-Ramps to bridge the gateway from fiat (USD)-crypto, permitting Rocketplace customers to shortly deposit, commerce, and withdraw funds.
Louis Beryl, the CEO and Co-Founding father of Palo Alto-based Rocketplace, stated:
“Digitally native shoppers are demonstrating a transparent desire for companies that provide velocity and belief.”
“By partnering with BankProv, Rocketplace is provided to satisfy this shopper demand by way of instantaneous deposits and quick, commission-free buying and selling of their favourite cryptocurrencies.”
Dave Mansfield, CEO of BankProv, added:
“Rocketplace’s commission-free buying and selling will change the sport for digital asset platforms”
“This partnership is without doubt one of the first within the business to assist a crypto-related enterprise with banking as a service resolution – additional solidifying our mission to supply much-needed banking companies to the business.”
