← Back

OpenReserve

Salt Lake City, United States

seed$25M raisedFintechCrypto & Web3Banking Infrastructure

◆ Total Raised

$25M

◆ Stage

seed

◆ Location

Salt Lake City, United States

◆ Founded

2026

◆ About OpenReserve

OpenReserve is building a federally licensed bank that operates 24/7 on blockchain rails, offering digital-asset services alongside traditional banking.

◆ What sets it apart

It is pursuing a federally licensed bank model built for always-on, atomic onchain settlement rather than conventional banking batch rails.

◆ Sectors

FintechCrypto & Web3Banking InfrastructurePayments

◆ Business

Modeltransactional

Customerinstitutional customers, including treasury management, stablecoin, and tokenized deposit users

◆ Notable

  • Received preliminary conditional approval from the OCC for a full-service national bank charter in Salt Lake City
  • Raised a $25 million seed round led by a16z crypto
  • Attracted participation from investors including Coinbase Ventures, Jump Capital, Wintermute Ventures, Acrew Capital, Quona Capital, Clocktower Ventures, AAF Management, and Zero Knowledge Ventures

◆ Backing funds on Raise

◆ Funding rounds

seed$25M

4 Sept 2026

Led by a16z crypto

With Jump Capital, Acrew, Coinbase Ventures, Clocktower, Quona, AAF Management

Source ↗

◆ Explore the market

◆ FAQ

What does OpenReserve do?

OpenReserve is building a federally licensed bank that operates 24/7 on blockchain rails, offering digital-asset services alongside traditional banking.

Where is OpenReserve based?

OpenReserve is based in Salt Lake City, United States, founded in 2026.

How much has OpenReserve raised?

OpenReserve has raised $25M in tracked funding and is currently at the seed stage.

Who has invested in OpenReserve?

Investors in OpenReserve include a16z crypto, Coinbase Ventures, Jump Capital, Wintermute Ventures, Acrew Capital, Quona Capital, Clocktower Ventures and AAF Management.

OpenReserve — startup profile | Fusion42