Originally founded in 2014 as WEG Bank AG, the institution initially focused on serving the German real estate sector. The bank underwent a significant strategic transformation following investments from blockchain-focused entities, including the Litecoin Foundation and Nimiq. This led to a pivot towards fintech and the digital asset economy, aiming to bridge the gap between traditional banking and the blockchain industry. In 2021, the company officially rebranded to TEN31 Bank AG, a name that references the publication date of the Bitcoin whitepaper (October 31st), to reflect its new core mission of providing regulated banking and payment services to crypto companies, fintechs, and institutional investors.

Founded in

Germany