Old Glory Bank targets Nasdaq listing with full crypto integration
Crypto-focused Old Glory Bank is preparing to list on Nasdaq under the ticker OGB, aiming to become the first commercial bank in the United States to fully integrate cryptocurrency into everyday banking operations.
In a notice published Tuesday, Old Glory Bank announced a merger with Digital Asset Acquisition Corporation to form a Texas-based company whose shares will be listed on Nasdaq.
The merger will result in the creation of OGB Financial Company, which is expected to trade under the ticker OGB. The transaction is anticipated to close “in late Q1 or early Q2 2026,” subject to regulatory and shareholder approvals.
“We intend to make Old Glory Bank the first commercial bank to fully integrate cryptocurrency into everyday banking,” said co-founder and Chief Innovation Officer Michael Shaw.
Banking transformation through blockchain
Shaw added that, in the future, customers will be able to seamlessly move money on and off the blockchain, instantly deposit cryptocurrency into their bank accounts, and convert crypto to fiat using the bank’s proprietary OGB Freedom Offramp technology.
Founded more than 100 years ago as the First State Bank of Elmore City, Oklahoma, the bank was acquired by Old Glory Holding Company in 2022, after which the combined entities were rebranded as Old Glory Bank. At the time, the company said the bank would provide “digitally focused banking solutions.” Now, the bank is taking the next step toward that vision by becoming a publicly traded institution.
As we wrote, Nasdaq and CME merge crypto indices into Nasdaq-CME
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