LevelField Financial is set to acquire Burling Bank in a move that would enable access to bitcoin for traditional banking customers.
- Once the acquisition is approved by regulatory authorities, LevelField Financial will be able to expand its services and products nationwide.
- The firm would offer customers a full suite of products and services, from traditional banking services to digital asset services, all within an FDIC-insured institution.
- LevelField Financial will also benefit from the expertise of the senior management team of Burling Bank, which will join the LevelField Financial leadership team.