Company research
Fetched Sep 24
OpenReserve is building a full-service, blockchain-native U.S. national bank and onchain capital-markets platform for businesses, financial institutions, and digital-asset users that need 24/7 settlement.
- Founders
- Dee Choubey · Co-founder and CEOHe founded MoneyLion in 2012, took it public, and sold it to Gen Digital in 2025 after earlier work in investment banking.
- Richard Correia · Co-founder and PresidentBefore working with Choubey at MoneyLion, he held group COO roles at Merrill Lynch and Citadel.
- Dee Choubey · Co-founder and CEO
WHY IT MATTERS
OpenReserve says legacy banking is constrained by business hours, batch windows, fragmented ledgers, and disconnected payment, custody, lending, and treasury systems that leave capital trapped. Its $25 million seed round, led by a16z crypto, is a bet that a federally supervised bank with a programmable onchain ledger can combine regulated credit with continuous money movement and unlock capital for continuously operating businesses.
Checked against 10 sources on Sep 24