Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

Sony is making strides to enter the crypto banking sector via its monetary arm, Sony Bank, because the Japanese group has just lately submitted an application to US regulators for a nationwide banking constitution through its subsidiary, Connectia Trust. 

This transfer signifies Sony’s intent to have interaction in varied cryptocurrency-related actions, which embody the issuance of US dollar-backed stablecoins, sustaining reserves, and offering custody and fiduciary administration companies for digital property to pick purchasers.

Sony Seeks OCC Approval For Crypto Banking License

In its nationwide banking constitution submitting with the Office of the Comptroller of the Currency (OCC), Sony emphasised that its proposed actions align with these already authorized for different nationally chartered banks. 

Should the applying be granted, Sony would be a part of a choose group of companies, together with Stripe, crypto trade Coinbase (COIN), Paxos, and stablecoin issuer Circle (CRCL), all of that are additionally pursuing federal crypto banking licenses. Currently, Anchorage Digital Bank is the one entity to have obtained full approval.

If Connectia Trust secures approval from the OCC, it may emerge as one of many first main tech-bank hybrids licensed to problem regulated stablecoins within the United States. 

Strengthening Digital Asset Presence

This enterprise into the digital asset area shouldn’t be Sony’s first. Earlier in 2025, the corporate collaborated with Startale Labs to introduce Soneiun, an Ethereum Layer-2 )L2) community tailor-made to reinforce decentralized functions. 

Now, with Connectia Trust, Sony is poised to synergize its monetary experience with blockchain expertise, thereby increasing its footprint within the world digital asset ecosystem. 

Featured picture from DALL-E, chart from TradingView.com