BankProv provides banking assistance as a service for Etana Custody

Through this partnership, Etana Custody will bring to market new digital asset services to the investment community, announced today on the floor of Consensus 2022 by CoinDesk in AustinTexas.

BankProv supports companies in the field of digital assets with to pay and ready products since 2019 and recently announced its integrated institutional banking services with the construction of a API programming suite. This relationship will allow Etana Custody to access payment rails and virtual ledger services to facilitate and track payments under sub-accounts for Etana Custody customers.

“We are delighted to partner with a safe, secure and trusted partner in the market like Etana,” said David Mansfield, CEO of BankProv. “We share the same vision and practice of streamlining our customers’ needs and centralizing our banking solutions to effectively support fiat and digital markets.”

Etana Custody offers a comprehensive technology platform that empowers institutions, exchanges and individuals with the tools to provide the highest level of oversight, security and fiduciary responsibilities to their clients in fiat and digital assets. The integrated platform allows customers to manage their assets from a single location in a secure environment linked to numerous service provider options.

“BankProv is an innovative bank that recognizes the need to provide support services in the growing institutional digital asset market,” said Brandon Russell, CEO of Etana Custody. “Our partnership creates exciting new opportunities for progressive financial services companies.”

About Etana Custody
Etana Trust Company (dba Etana Custody) is a Colorado licensed trust company regulated by the Colorado State Banking Division. Etana offers global custodial and commercial assistance solutions for institutions, companies, stock exchanges and individuals as an independent and qualified custodian.

Etana’s industry-leading custodial and business support solutions allow customers to manage their fiduciary and digital assets from a single location in a secure environment linked to multiple service provider options. Visit etana.com

About BankProv
BankProv, legally operating as The Provident Bank, is a subsidiary of Provident Bancorp, Inc. (NASDAQ: PVBC). BankProv is a future-ready commercial bank for corporate clients, specializing in providing adaptive and technology banking solutions to niche markets including cryptocurrency, renewable energy, fintech and value lending business, with an emphasis on research fund loans. We are committed to providing state-of-the-art APIs (Application Programming Interfaces) to all of our business customers and BaaS (Bank as a Service) partners. Through our offerings, BankProv insures 100% of deposits through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). For more information, visit bankprov.com.

Press contacts: Rachelle Peterson
Phone: 603-334-1255
E-mail: [email protected]

SOURCE BankProv