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Bloomberg: Crypto-friendly bank Old Glory to go public via SPAC
ChainCatcher News reports that the crypto-friendly lending institution Old Glory Bank will become a publicly listed company through a merger with blank check company Digital Asset Acquisition Corp.
Old Glory Bank has a strong foundation as a traditional lending institution in Oklahoma but rebranded in 2022 to become a digital bank, claiming plans to fully integrate cryptocurrencies into lending, deposit, and investment products.
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