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Banks & the Blockchain - Customers Bancorp

Wednesday, December 15, 2021

Stephens is hosting a conference call for institutional investors with Sam Sidhu,President of Customer's Bank, a $19 billion commercial bank based out of Eastern,PA. Earlier this year, Customer's announced a partnership with Tassat, a real-time,blockchain enabled payments provider. Subsequently, the bank launched its owntoken (CBIT) and brought on $1.5 billion of non-interest bearing deposits tied to itspayments platform. We aim to learn more about CUBI's digital asset & paymentcapabilities, the team they hired, potential for growth, use cases for its token,regulation, and areas of differentiation vs. banks competing in the same space.

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