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Leading Bank Adds Loop Crypto to Core Member List, Aims to Expand Stablecoin and Payments Business

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2025-12-10 21:58:08
A16z-backed Lead Bank has added Loop Crypto to its core membership list, with the aim of expanding its stablecoin and payments businesses.
Lead Bank is a 97-year-old community bank headquartered in Kansas City, Missouri, USA, but it has transitioned in recent years to focus on fintech and cryptocurrency companies. In 2022, a group of tech executives led by Jackie Reses acquired Lead Bank. Earlier this year, Lead Bank raised $70 million in a Series B funding round, valuing it at $1.47 billion. Investors include Andreessen Horowitz (a16z), ICONIQ, Greycroft, Ribbit Capital, Coatue, Khosla Ventures and Zeev Ventures.
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