Signature Bank
From CryptoWiki
Basics
- Based in NYC
- From Forbes Blockchain 50 (19-2-2020):
"JPM got more headlines, but Signature was the first FDIC-insured bank to actually launch a dollar-backed cryptocurrency, called signets, in January 2019. In the second half of 2019 some $10 billion in transactions on the ethereum-based platform. One longtime client, the New York Air Courier Service, which helps exporters clear customs from the bonded area and pay fees for delayed shipments, started using signets to make payments instantly, instead of the three days it often takes using the Automated Clearing House bank transfer."
Tech
Roadmap
Usage
Competition
Pros and Cons
Team, investors, Partnerships, etc.
Team
- Key Executive: Frank Santora, Senior Vice President & Director of Digital Asset Solutions (2020 & 2021)
