San Francisco, May 1, 2024 - Metallicus, the core developer of Metal Blockchain, a foundational Layer 0 blockchain, today announced Meritrust Credit Union's enrollment in its Banking Innovation Program. This move signifies Meritrust Credit Union's proactive approach to investigating blockchain technology's potential and harnessing Metallicus' expertise to elevate its technological prowess.

"Welcoming Meritrust Credit Union into our Banking Innovation Program signals a significant advancement in our commitment to revolutionize the financial industry through blockchain technology," said Frank Mazza, Director of Blockchain for Institutions & Fintechs at Metallicus. "We eagerly look forward to joining forces with Meritrust Credit Union and equipping them with the tools and resources to foster innovation and stay competitive amidst the ever-changing financial landscape."

The Banking Innovation Program by Metal Blockchain enables institutions like Meritrust Credit Union to navigate and adopt customized blockchain solutions, ensuring compliance with regulatory standards while addressing their distinct operational demands. Drawing on Metallicus' unparalleled blockchain expertise and a distinguished advisory board, the program offers innovation workshops, fintech partnerships, R&D grants, and bespoke development, positioning participants to lead and innovate within the dynamic financial sector.

“Meritrust is excited to embrace the opportunities that blockchain technologies present and are thrilled to be part of the Banking Innovation Program. Understanding innovation is key to providing our members with increased efficiency and security in their financial lives, we are looking forward to working with Metal to help create cutting edge financial solutions. .” – Cliff Shoff, SVP/CIO

The Metal Blockchain Banking Innovation Program is designed to support financial institutions' journey into blockchain technology at no cost. With a focus on tackling use cases around Digital Identity, Single Sign-On (SSO), Private Subnets, Tokenization of Assets, and more, the program equips participants with the tools and resources needed to drive profitability, lower costs, reduce risks, and deliver unparalleled customer experiences.

Financial institutions keen on participating in the Metal Blockchain Banking Innovation Program can express their interest or learn more by contacting bizdev@metallicus.com.