Metal Pay's "First Blockchain Bank and Trust" would be FDIC-insured, CEO Marshall Hayner told CoinDesk.
Erik Finman's $1 million fund will make seed-level investments in startups dealing in banking and decentralized finance.
With new funding, Metal Pay plans to add traditional banking features.
Cypherpunk and CEO of Metal Pay, Marshall Hayner, thinks regulation is coming one way or another and that the best thing to do is keep an open mind and get educated.