OpenReserve wins initial OCC approval for U.S. bank

First reported September 4, 2026 by Crypto.news · covered by 2 sources

OpenReserve wins initial OCC approval for U.S. bank

OpenReserve received preliminary OCC approval for an insured national bank but must raise $210 million and meet preopening requirements.

Office of the Comptroller of the CurrencyUnited States

Sep 4, 2026 · byCrypto.news

Andreessen Horowitz-backed OpenReserve secures preliminary OCC approval for national bank charter

OpenReserve Holdings received preliminary OCC approval for a national bank focused on onchain settlement, following a $25 million seed round.

Andreessen HorowitzOffice of the Comptroller of the Currency

Sep 4, 2026 · byThe Block