Signature Bank partners with Prime Trust to better serve institutional investors

Customers of Prime Trust, a trust company specializing in digital assets, will now have access to the financial institution's platform Signature Bank.

According to a press release, Signature Bank, one of the main crypto-friendly banks in the United States, has partnered with Prime Trust.

The multi-asset settlement platform Prime Settlement Network will soon be connected to the service marker of Signature Bank, allowing customers to Prime Trust make free, real-time, 24-hour payments.

“The relationship we have created with Prime Trust will allow their customers to immediately settle their transactions via the revolutionary platform marker, ”Said Joseph DePaolo, President of Signature Bank.

Several large cryptocurrency exchange platforms in the ecosystem, such as Huobi and Binance, are clients of Prime Trust and will thus benefit from the payment service of Signature Bank.

"Signature Bank has established a proven track record in the blockchain payment space and is now recognized for the exceptional services it provides to stock exchanges and merchants specializing in cryptocurrency. We look forward to creating new efficiencies, "added Whitney White, COO of Prime Trust.