As the digital asset ecosystem continues to mature, the number of assets and financial services available only continues to explode. That can make the sector hard to navigate, but it also presents new opportunities for partnerships between different companies, projects, and offerings, creating a whole that’s greater than the sum of its parts. Discover how digital banks, prime brokers, and other financial service providers are collaborating to shape the future of the digital asset sector. During this engaging session, our esteemed panelists, Miles Paschini (CEO at FV Bank) and Daniel Hinton (Head of Operations and Treasurer at sFOX), will delve into the key topics that drive innovation in the digital banking landscape today.

This webinar addresses the following

• How banks and prime brokerage companies can partner to offer/facilitate digital asset services
• How digital banks are integrating cryptocurrencies into their offerings
• Key trends shaping the digital banking landscape today

Highlights

The digital payments landscape is undergoing significant transformation, catering to both basic banking needs like operational payments and more complex requirements like crypto exchanges and family offices. A notable discrepancy exists between market demand and supply. The conversation highlighted the critical interplay between compliance, risk, and philosophy when choosing banking partners.

Miles Pashini explains how FV Bank collaborates with sFOX due to regulatory limitations, serving as a custodian while relying on sFOX as a prime broker. The bank acts as a settlement agent, ensuring asset liquidation instructions are executed efficiently, and assets and funds are securely transferred. This relationship benefits from sFOX’s role in price discovery and liquidity.

Daniel Hinton emphasizes the value of collaborative solutions, underscoring that firms like sFOX provide flexible options for custody, execution, and payments. Such partnerships simplify complex banking needs, particularly concerning security, counterparty risk, and operational overhead. This approach can enhance scalability without proportional increases in resources.

Timestamps

As we have seen in the last couple of months, it’s very important to know what to look for when choosing a bank. Miles, what are you seeing as the biggest demands for clients recently? How have those clients’ needs changed from previous tasks? 3:24

What are institutional clients looking for when evaluating a bank in this current environment? 6:17

As the U.S. licensed bank, what is FV Bank focused on in the next coming months? 8:10

Based on current trends in the market, how are the rise in digital assets and the demand for digital assets likely to impact the banking and finance industry in the coming years? 10:28

What are the benefits of a digital bank using a service like sFOX? 20:38

Will banks provide direct access to digital currencies? We already are seeing on/off-ramp capability with USDC, but I’d love to hear from both of you on what that looks like. Are we going to be able to just go to any bank someday and not necessarily need to keep our crypto and fiat separate? 25:08

Does FV Bank or even sFOX directly compete with other digital asset custodians? What does that look like? What’s the future of crypto custody? 28:25

As we look towards the future of the industry, what are some of the most exciting opportunities for digital banks asset exchanges to innovate and grow in the coming years? 40:15