Crypto-Friendly Lender Old Glory to Go Public Through SPAC Deal

Old Glory Bank, a crypto-friendly lender with ties to prominent right-wing political figures, will become publicly traded through a deal with blank-check company Digital Asset Acquisition Corp.

Old Glory has deep roots in Oklahoma as a traditional lender, but re-branded as a digital bank in 2022 and touts its intention to embed cryptocurrency into loans, deposits and investment offerings.