Dublin, Ireland, Monday 2nd March 2026 – The FundBank Group (“FundBank”) has announced today that it has made a significant investment in Trrue Chain (“Trrue”), as it continues its expansion of products and services to meet the demand for banking for digital assets.
Trrue, a Layer-1 blockchain, provides tailored, cutting-edge infrastructure for businesses and individuals. The addition of this key service demonstrates FundBank’s commitment to support digital assets as they gain prominence in institutional portfolios. FundBank is dedicated to meeting the rising demand for secure fiat banking and custody services, from diverse stakeholders in the digital asset space.
Derek Delaney, senior executive at FundBank, and founder of ComOp, the lead institutional investors in Trrue, commented, “ComOp has been a long-time admirer of the innovative approach to governance through blockchain developed by Trrue and this coupled with a VASP and, subject to approval, CASP license, makes it a very unique asset.
Ireland has seen a number of the institutional VASPs choose to convert to CASPs in other jurisdictions and this has left a gap in the market that will become apparent as CASPs mainstream the institutional holding of crypto and digital assets in funds. When one looks at the product offering of FundBank in Ireland allied to these crypto capabilities, Ireland is now able to provide the Fiat + Custody solution that is a competitive advantage for Ireland as a leading funds domicile. We view this as being as transformative as AIFMD was for the creation of institutional management companies. Again, we believe we can be the earliest adopters of institutional Fiat + Custody and, in time, will round this out to Fiat + Custody + Trading.”
Owen O Driscoll, CEO of Trrue commented, “Since founding Trrue in 2021, our focus has been on rebuilding the core architecture of finance. The systems the global economy relies on simply weren’t designed for the speed and demands of today.
This investment is an important milestone and a meaningful affirmation of our strategy. Our conviction has always been that this technology will fundamentally reshape the infrastructure of financial markets.
With this partnership, we are accelerating the build-out of infrastructure that enables institutional capital to move instantly and securely. Becoming part of the FundBank Group accelerates our evolution as an institutional platform and strengthens our ability to scale with the governance and rigor the market demands.”
About Trrue Chain
- Trrue builds secure, compliant digital asset solutions designed for a sustainable and impact-driven future. Trrue Chain, our Layer-1 blockchain, provides tailored, cutting-edge infrastructure for businesses and individuals.
- Trrue Chain ensures seamless adherence to various global regulations and offers compliant tokenisation for businesses in highly regulated industries.
- Our infrastructure and investment solutions effectively bridge the gap between responsible investors and socially-driven projects, fostering financial returns alongside positive societal change.
