Once chartered, the Trust Bank will be authorized for federally supervised fiduciary trust services spanning FX-stablecoin intermediation, collateral management, and multi-asset custody for institutional markets.

Laser Digital announced preliminary conditional approval from the Office of the Comptroller of the Currency (OCC) to establish Laser Digital National Trust Bank— a de novo national trust bank that will provide multi-asset fiduciary trust services to institutional clients under federal supervision.

The approval follows the OCC’s review of Laser Digital’s application, encompassing its business model, management, and capitalization plan. Final authorization to commence operations is subject to Laser Digital satisfying all pre-opening conditions, including minimum capital requirements.

• FX and stablecoin intermediation, cross-currency settlement across fiat, stablecoin, and digital asset instruments within a regulated fiduciary structure
• Collateral management, mobilization of assets across multi-venue margin accounts, cross-margining across digital and traditional asset classes, and yield optimization on posted collateral
• Multi-asset fiduciary custody, safekeeping and administration of digital assets, tokenized instruments, and conventional financial assets under a uniform federal supervisory framework

The charter ties Laser Digital’s operational infrastructure built across the UAE, Japan, and the United States over three years through a single federal regulatory framework, providing institutional counterparties with the fiduciary accountability and regulatory clarity a nationally chartered institution requires.

Steve Ashley, Laser Digital Group Executive Chairman & Chair of Laser Digital National Trust Bank, said,

“The charter is the regulatory backbone we’ve wanted from the start. We’ve spent three years building across the UAE, Japan and the now the US. This fiduciary anchor completes the structure offering a single counterparty that holds tokenized and conventional assets on the same platform, on the same terms.”

Purvi Maniar, Laser Digital Group Chief Legal Officer & President of Laser Digital National Trust Bank, said,

“Institutions have been asking for custody, collateral mobility and currency intermediation across fiat and stablecoins, in one regulated structure. The trust bank delivers that for digital and traditional assets, under a federal supervisor and the fiduciary standards their committees already work with. We are now focused on satisfying the OCC’s pre-opening conditions and opening for business.”

Bridging the Infrastructure Gap for Stablecoins and Tokenized Collateral

As stablecoins become embedded in institutional FX workflows and tokenized assets enter collateral schedules, the infrastructure serving those markets has not kept pace. Correspondent banking rails were not designed for stablecoin settlement, while traditional collateral systems do not cross-margin tokenized and conventional positions on a single book. Laser Digital National Trust Bank will address both.

Its FX and stablecoin intermediation services provide a federally regulated channel for institutional cross-currency settlement including fiat-to-stablecoin, stablecoin-to-stablecoin, and multi-currency conversions. Its collateral management capabilities enable clients to mobilize assets efficiently across margin accounts, meet cross-margining obligations, and optimize yield on posted collateral — all within the risk, reporting, and governance standards of a federally supervised institution.

Its institutional mandate spans:

• FX and stablecoin intermediation, cross-currency settlement across fiat, stablecoin, and digital asset instruments within a regulated fiduciary structure
• Collateral management, mobilization of assets across multi-venue margin accounts, cross-margining across digital and traditional asset classes, and yield optimization on posted collateral
• Multi-asset fiduciary custody, safekeeping and administration of digital assets, tokenized instruments, and conventional financial assets under a uniform federal supervisory framework

The charter ties Laser Digital’s operational infrastructure built across the UAE, Japan, and the United States over three years through a single federal regulatory framework, providing institutional counterparties with the fiduciary accountability and regulatory clarity a nationally chartered institution requires.

Steve Ashley, Laser Digital Group Executive Chairman & Chair of Laser Digital National Trust Bank, said,

“The charter is the regulatory backbone we’ve wanted from the start. We’ve spent three years building across the UAE, Japan and the now the US. This fiduciary anchor completes the structure offering a single counterparty that holds tokenized and conventional assets on the same platform, on the same terms.”

Purvi Maniar, Laser Digital Group Chief Legal Officer & President of Laser Digital National Trust Bank, said,

“Institutions have been asking for custody, collateral mobility and currency intermediation across fiat and stablecoins, in one regulated structure. The trust bank delivers that for digital and traditional assets, under a federal supervisor and the fiduciary standards their committees already work with. We are now focused on satisfying the OCC’s pre-opening conditions and opening for business.”

Bridging the Infrastructure Gap for Stablecoins and Tokenized Collateral

As stablecoins become embedded in institutional FX workflows and tokenized assets enter collateral schedules, the infrastructure serving those markets has not kept pace. Correspondent banking rails were not designed for stablecoin settlement, while traditional collateral systems do not cross-margin tokenized and conventional positions on a single book. Laser Digital National Trust Bank will address both.

Its FX and stablecoin intermediation services provide a federally regulated channel for institutional cross-currency settlement including fiat-to-stablecoin, stablecoin-to-stablecoin, and multi-currency conversions. Its collateral management capabilities enable clients to mobilize assets efficiently across margin accounts, meet cross-margining obligations, and optimize yield on posted collateral — all within the risk, reporting, and governance standards of a federally supervised institution.

Source: Laser Digital