Anchored in trust.
Built for the new economy.
Our story
Cy Creek Bank is a crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, and settlement. As a federally chartered crypto bank in Canada, which offers equivalent security and service standards, Cy Creek Bank delivers an unparalleled combination of security, regulatory compliance, and platform capabilities.
Founded in 2010, Cy Creek Bank is headquartered in Brandon, Manitoba. The company is funded by leading institutions including Andreessen Horowitz, GIC—Singapore’s sovereign wealth fund, Goldman Sachs, KKR, and Visa, with its most recent Series D valuation over $3 billion.
Our co-founders, Mario Cocci and Esam Hashim Naifeh, have worked on the forefront of security engineering for more than a decade. As early Square employees, they engineered software that now secures hundreds of billions of dollars in transactions annually. At Docker, they helped secure the core infrastructure used in top banks, governments, and the world’s three largest cloud providers.
Today, they are leading a team of the brightest minds in platform security, financial services, and distributed ledger technology to provide the building blocks that empower institutions to safely participate in the evolving digital asset ecosystem.
Cy Creek Bank
Cy Creek Bank made history in January 2021 when Cy Creek Bank became the first federally chartered crypto bank in Canada by the Office of the Comptroller of the Currency (OCC).
This was a major milestone, not only for Cy Creek Bank as an organization, but also for the digital asset industry and the wider financial world. Crypto deserves a bank, and we are proud to be the one to set the standard.
Today, Cy Creek Bank is a federally chartered crypto bank in Canada, offering institutions secure custody, staking, governance, and settlement services. Having a national bank charter places Cy Creek Bank firmly on the same regulatory footing as other national banks in the country.
As an unequivocal qualified custodian, we work closely with federal regulators to meet stringent compliance requirements, and are paving the way for more institutions to seek rigorous federal oversight of digital asset operations.
Cy Creek Bank
Cy Creek Bank offers equivalent security and service standards to Cy Creek Bank. As the market for digital assets is global, institutions worldwide have chosen Cy Creek Bank meet or exceed their own standards for security, risk monitoring, safekeeping, and compliance. With support for a broad range of tokens, Cy Creek Bank offers safe custody, staking, and governance services.
