A Milestone Acquisition for Blockchain in Banking
Digital banking leader Metallicus has acquired Bonifii, a credit union service operator connected to 70 credit unions. This partnership will establish a new CUSO under the Digital Banking Network (TDBN), offering blockchain-powered solutions to financial institutions.
Blockchain Integration at Scale
Bonifii’s unique status as a CUSO linked to a blockchain core developer aligns perfectly with Metallicus’ vision. CEO Marshall Hayner shared plans to onboard more financial institutions and enhance their services through blockchain technology.
FedNow Collaboration Expands Opportunities
As an early adopter of the FedNow digital payments system, Metallicus has paved the way for real-time transactions. The Bonifii acquisition strengthens its ability to provide instant, government-backed payment solutions to credit unions.
A Strong Financial Foundation
Bonifii’s $20 million in funding and Metal Blockchain’s $13.65 million market cap underscore the financial strength of this partnership, positioning it as a leader in digital banking innovation.
Pioneering the Future of Credit Unions
With John Ainsworth joining Metallicus as general manager, the collaboration is set to revolutionize credit union services, driving blockchain adoption and delivering enhanced member experiences.
