Ramp Applies for a National Trust Bank Charter
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AI-assisted source synthesis · not an independent investigation.
On October 20, 2026, PYMNTS reported that Ramp had submitted an application to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter, proposing to establish Ramp National Trust Bank. The proposed bank plans to provide fiduciary investment management and custody services for digital assets. Ramp stated that it intends to place these related services under a unified federal regulatory framework. The report also said that the proposed bank would not accept deposits or issue commercial loans. Based on the information disclosed so far, the matter remains at the stage of submitting a charter application; the report did not say that the application had been approved or that the bank had been established.
AI-written from reports · updated 1 hour ago
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- PYMNTSRamp applies for a national trust bank charter to provide digital asset custody
Ramp has submitted an application to the OCC to establish Ramp National Trust Bank, which would provide fiduciary investment management and custody services for digital assets. The proposed bank would not accept deposits or issue commercial loans, and Ramp said it would place the related services under a unified federal regulatory framework.
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