In an application with the Office of the Comptroller of the Currency (OCC) made public Wednesday (April 1), the company seeks to become a de novo national bank with its operations limited to those of a trust company.

The goal is to provide custody and asset management services while facilitating “riskless principal trading services” for EDX customers, the application said. At the same, trading would continue in EDX Markets.

The filing was flagged in a report by Bloomberg News, which also included an interview with EDX CEO Tony Acuña-Rohter.

“It is without a doubt that the next wave of crypto will be the large banks,” he said….