Ramp applies to the Office of the Superintendent of the Currency to establish a National Trust Bank, intending to provide digital asset custody services

On October 16th, enterprise financial service platform Ramp applied to the US Office of the Superintendent of the Currency to establish Ramp National Trust Bank, which plans to provide entrusted investment management and digital asset custody services. The trust bank does not accept deposits or issue commercial loans. Ramp raised $1.85 billion in a financing led by Dragoneer Investment Group in October 2026, with a valuation of $60 billion, jointly led by Thrive Capital, Founders Fund, Sands Capital, and Avenir.