FundBank has rebranded as IRACE Digital, aiming to unify traditional finance and cryptocurrency services for institutional clients. The rebranding includes the appointment of former Zodia Custody CEO John Cronin as global CEO, along with several other former Zodia executives in senior roles. IRACE Digital seeks to streamline banking, custody, payments, liquidity, and execution into a single platform, supporting fiat, stablecoins, and digital assets. This move aligns with industry trends, as seen with SoFi's Big Business Banking platform, which integrates fiat and crypto operations. IRACE operates regulated banking businesses in the U.S., Europe, and the Cayman Islands, and is seeking further regulatory approvals for digital asset services in various jurisdictions.