MIDAO Logo

Recommended Banks and Fintechs#

Crypto-friendly Banking Options#

  • Obtaining a bank account as an entity dealing with crypto in any way can be difficult, which is why MIDAO has partnered with the following crypto-friendly banks and neo-banks (fintech companies).
    • Dakota (opens in new tab) – Stablecoin-powered business banking with USD & EUR accounts, ACH/Fedwire/SWIFT/SEPA transfers, and balances backed 1-for-1 by U.S. Treasuries. Offering cards now, too.
    • Fern (opens in new tab) – “On-chain bank account” offering a single API for fiat ↔ stablecoin on/off-ramps across 50+ countries and multi-currency accounts.
    • Slash (opens in new tab) – Startup-friendly USD checking with enhanced FDIC coverage, unlimited cash-back virtual & physical cards, plus built-in USDC/USDT payments.
    • OneSafe (opens in new tab) – Neo-bank for Web3 firms: multi-currency accounts, ACH/wires & FX, and instant crypto-fiat conversion in one dashboard. Just started offering a new "Stables Account."
    • Skyline Digital (opens in new tab) – Non-custodial Swiss platform letting DAOs and Web3 businesses pay anyone in USD, EUR, GBP, CHF, or SGD using stablecoins—no traditional bank required.
    • Bridge (opens in new tab) – Developer APIs for issuing and moving stablecoins; fiat↔stablecoin rails that power Visa & Wirex cards and process $10 B+ annually.
  • If you’d like an introduction to any of MIDAO's partners, please contact [email protected].

Other Options#

  • Several DAO LLCs have also opened bank accounts with traditional banks. MIDAO can provide guidance on current options.
  • MIDAO has also partnered with banking service providers that can get you a bank account for a fee in various jurisdictions of your choosing.
  • If you’d like an introduction to any of MIDAO's partners, please contact [email protected].
Disclaimer

MIDAO is not a law firm and does not provide legal services or advice. MIDAO recommends seeking independent legal advice regarding all decisions regarding Marshall Islands legal entities and related legal matters.