FundBank Group has rebranded as IRACE Digital, marking its transformation into a hybrid operator that bridges traditional finance and crypto markets. The company aims to serve asset managers, hedge funds, and institutional clients who need banking infrastructure that can handle both fiat and blockchain-based systems.
IRACE Digital secured an OCC license in 2024 and launched US operations with a focus on digital asset services. It received authorization for an Irish branch in February 2026, expanding its European footprint. The company has also forged technology partnerships with Temenos and Komainu to strengthen its infrastructure ambitions.
The rebranded entity offers custody, treasury management, on/off-ramping solutions, and fiduciary services for tokenized funds and hybrid investment vehicles. IRACE Digital's approach combines the breadth of its ambition across both fiat and crypto with a multi-jurisdictional licensing strategy.