Block Files Application to Establish Bank

04:59 PM EDT, 09/08/2026 (MT Newswires) -- Block (XYZ) has submitted an application to the US Office of the Comptroller of the Currency to set up Builders Bank & Trust, an uninsured national trust bank, the company said late Tuesday. The bank would provide custody and related fiduciary services, including for bitcoin and stablecoins, but would not accept deposits or make loans, Block said.