Texas Bank Repositions as Crypto Infrastructure Lender

A small Texas lender is drawing outsized attention across crypto and political circles. Monet Bank, a community bank with assets under $6 billion, has rebranded twice this year and repositioned itself as a crypto-focused “infrastructure bank.”

The move matters because its owner, billionaire Andy Beal, a major Trump ally, is now placing the institution within what analysts describe as a fast-expanding pro-Bitcoin power network surrounding Donald Trump.

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A Small Bank Makes a Big Crypto Pivot

Monet Bank openly states that it aims to become the premier digital asset financial institution, offering forward-facing solutions for Bitcoin, stablecoins, and broader digital asset finance.

The bank, regulated by the FDIC, has six offices in Texas and was known for decades as Beal Savings Bank.

Earlier this year, it briefly became XD Bank before adopting the Monet brand, a sequence of rebrands that signals a deliberate strategic shift.

Beal, who founded Beal Financial Corp., is known both for high-stakes poker and for heavily backing Trump’s 2016 presidential campaign through personal political committees.

His renewed entry into the digital-asset sector positions Monet as one of the few federally regulated banks openly prioritizing crypto infrastructure.

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Analysts See Monet Joining a Pro-Bitcoin Political Network

According to analyst Jack Sage, Monet Bank is now part of a pro-Bitcoin power network orbiting Trump that has accelerated throughout 2024 and 2025.

The network includes firms with personal, political, or financial ties to Trump and his advisers, forming what Sage calls an emerging Bitcoin-and-stablecoin monetary bloc.

“…signals that Trump’s camp keeps actively building an alternative monetary order centered on Bitcoin and stablecoins. And they haven’t given up. The banking system sees what’s happening. We see it too,” Sage remarked.

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Notable entities in the bloc include:

• Cantor Fitzgerald, linked through the sons of Commerce Secretary Howard Lutnick
• Tether, with ties through former White House official Bo Hines
• Twenty One Capital, backed by Cantor, SoftBank, and Tether
• Metaplanet, where Eric Trump serves as an advisor
• Strive, co-owned by Trump supporter Vivek Ramaswamy
• Strike, run by Jack Mallers and supported by Cantor Fitzgerald

Inside Trump’s immediate orbit sit World Liberty Financial, American Bitcoin Corp., and Trump Media & Technology Group, which analysts say are forming the core of a political-financial architecture built on Bitcoin and stablecoins.

A Parallel Financial System in the Making?

Monet Bank’s crypto push arrives as federal regulators under Trump have withdrawn prior anti-crypto guidance and issued new frameworks allowing banks to integrate digital-asset services more easily.

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The FDIC’s acting chair, Travis Hill, recently told lawmakers that the agency expects to propose crypto-related rules tied to the GENIUS Act, a bill focused on stablecoin oversight.

Monet joins other newly created crypto-aligned banks, including:

• Erebor Bank, which received a conditional OCC charter and is backed by Peter Thiel
• N3XT, a Wyoming SPDI launched by former Signature Bank executives

For investors, the rise of Monet Bank signals that the Trump-aligned Bitcoin ecosystem is no longer a theoretical concept. Rather, it is actively building regulated financial rails.

With more political capital, regulatory flexibility, and institutional partners entering the space, more banks and firms could align with this emerging monetary bloc throughout 2025.