97-year-old old bank dives into stablecoins: Lead Bank joins Loop Crypto, with A16z pouring money to support

2025-12-10 20:38:25

【CryptoPush】 A nearly 100-year-old old bank has recently made a big move in the stablecoin payment field.

Located in Kansas City, Missouri, Lead Bank may have a 97-year history, but it has completely transformed in recent years—from a traditional community bank to a pioneer focusing on fintech and crypto enterprises. In 2022, Jackie Reses and a group of tech veterans directly acquired this bank, and the subsequent story has been quite wild.

Earlier this year, they completed Series B funding, raising $70 million, with the valuation soaring to $1.47 billion. The list of investors looks very hardcore: A16z led the investment, followed by ICONIQ, Greycroft, Ribbit Capital, Coatue, and other institutions. Now Lead Bank has brought Loop Crypto into its core team, clearly aiming to increase its stake in the stablecoin and payments sectors.

Honestly, not many traditional banks can reach this level. From a small community bank to a crypto infrastructure player, Lead Bank’s transformation path is indeed worth pondering—after all, the institutions pouring real money into it are not just here to watch the fun.

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Liquidated_Larry

· 7h ago

A 97-year-old old bank playing with stablecoins is quite a leap... A16z and these guys really dare to bet on anything.

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SnapshotLaborer

· 12h ago

Old banks playing with crypto is truly amazing; this wave really has something special. I usually pay attention to projects backed by A16z; it seems like stablecoins are about to take off. The 1997 bank has been turned into a tech company, which is a bit wild... I want to see how it ends up. Is 70 million in Series B not enough? How much money does the stablecoin payment sector need to break through? What is Loop Crypto? I haven't heard much about it. Does anyone have insights? Isn't this just traditional finance being forced to evolve in front of crypto... Which bank will be the next? Are stablecoin payment platforms really that valuable? It seems a bit unlikely to compete with Stripe.

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MerkleMaid

· 17h ago

Oh wow, now that's the real gameplay... Old banks dealing with stablecoins, A16z really dares to spend money --- A 97-year-old antique suddenly becomes fierce, who would have thought? --- Is Loop joining the game? Stablecoin payments are really about to take off? --- A formidable force, A16z’s moves are truly different --- Traditional finance and crypto teaming up, can this wave succeed... hard to say --- Valuation of 1.47 billion, this number is a bit crazy --- Old banks' new approach, I like this idea

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FarmToRiches

· 12-10 21:04

Damn, even the old banks from 97 are starting to play with stablecoins. This track is really getting competitive to the sky. Lead Bank's move is pretty bold—transforming from a community bank into a crypto pioneer. Even A16z is on board, which shows they truly see promise in this direction. Stablecoin payments still seem to have potential; I just don't know what kind of tricks Loop can come up with this time. The entry of veteran financial institutions into crypto always feels a bit off... but the money is really substantial. Traditional banks are entering the scene one after another. What does this mean? Are they really coming?

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ThesisInvestor

· 12-10 21:01

A 97's old-timer is now playing with stablecoins, and this reversal is quite intense... A16z is throwing money again. Are these traditional finance giants really starting to take Web3 seriously?

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LiquidationOracle

· 12-10 20:58

Old banks from 1997 are playing with stablecoins, and even A16z has to follow suit. This wave really has something special. Is Loop coming in? It feels like the stablecoin payment sector is about to change drastically. Old banks turning into Web3 players—this script is a bit ironic, but it’s definitely profitable. With a valuation of 1.47 billion dollars, it seems traditional finance is also starting to panic. A16z's crew still has sharp vision; the stablecoin payment track is about to rise. By the way, Jackie Reses and her team really woke up traditional banks—impressive. $70 million in funding plus Loop—this combination is quite powerful. The era of widespread stablecoin payments is not far off; it feels like it's coming. Old-established banks also need to keep pace, or they'll really be eliminated. Lead Bank’s moves this time directly define the future shape of finance.

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PanicSeller69

· 12-10 20:58

A 97-year-old old bank playing with stablecoins, this script is a bit outrageous haha A16z investing money shows they are truly imaginative, but can stablecoin payments really be implemented? It still depends on practical application deployment. Lead Bank's move is quite interesting, looking forward to seeing Loop's progress

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GameFiCritic

· 12-10 20:55

A 97-year-old antique can also play with stablecoins? To be honest, I have to raise a question... Can traditional banking genes support the high-frequency interactions of the crypto payment system?

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P2ENotWorking

· 12-10 20:55

A 97-year-old veteran playing with stablecoins, the contrast is really amazing... A16z's bet is all in, can this deal lose?

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