- Arca Labs, the innovation division of Arca, a digital assets investment firm that blends traditional finance with cutting edge blockchain technology
- A pioneer in servicing the digital assets industry, Signature Bank’s Signet platform a blockchain-based, real-time payments system that operates 24/7
- Each Signet within the platform equal to one U.S. dollar (held in escrow at the Bank)
- With this new functionality, customers of Signature Bank an active Signet account use the platform to efficiently move U.S. dollars
- This integration, while increasing connectivity for mutual customers of Signature Bank and Arca
- Relationship with Signature Bank a continuation of a series of important and foundational relationships