October 16, 2024
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BankWyse empowers you with secure and compliant digital and fiat banking services seamlessly integrated into one convenient solution. We solve challenges for responsible fiduciary participation so you can meet the immense demand for blockchain-native and crypto assets. Together we will harness the power of the global digital economy!
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Streamlining Complexity in Asset Tokenization: Zoniqx and BankWyse Forge Alliance to Integrate Traditional and Digital Financial Services.
Streamlining Complexity in Asset Tokenization: Zoniqx and BankWyse Forge Alliance to Integrate Traditional and Digital Financial Services.
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Not FDIC Insured. Deposits in USD or fiat held by BankWyse are not required to be insured by the FDIC. BankWyse is a Special Purpose Depository Institution (SPDI) with regulatory requirements to ensure the safety and soundness of the institution. Therefore fiat deposits are not required to be insured by the FDIC. Deposits held by BankWyse will not be fractionalized and loaned out to other customers, and are therefore safely held in the bank. Wyo. Stat. § 13-12-108
