The new platform plans to launch the 'JP Morgan' of cryptocurrency banks. They hope to provide crypto currency banking to every day people and aid in helping to take cryptocurrency mainstream.
There's currently around 3 million crypto users, whilst this number is impressive it's estimated that the market will grow quickly over the next few years which shows the need for a reliable banking service in the market.
The new cryptobank will be available for download in the android and IOS marketplaces to provide users with an easy to use app.