Texas Bank Under $6 Billion Aligns with Trump's Pro-Bitcoin Movement

A small community bank in Texas is making waves in both the cryptocurrency and political realms. Monet Bank, with assets totaling under $6 billion, has rebranded twice this year and is now positioning itself as a crypto-focused "infrastructure bank."

Key Takeaways

Monet Bank, a Texas community bank, is rebranding as a crypto-focused institution.
Owned by Trump ally Andy Beal, the bank is integrating into a pro-Bitcoin network surrounding Trump.
Analysts view this as part of a broader movement to create an alternative monetary system centered on Bitcoin and stablecoins.
Federal regulators are easing restrictions on banks regarding cryptocurrency, facilitating this shift.
The establishment of Monet Bank signals the growing influence of regulated financial infrastructures in the Bitcoin space.

This transformation is significant because its owner, billionaire Andy Beal, a close ally of Donald Trump, is integrating the bank into what analysts describe as a rapidly growing pro-Bitcoin power network linked to Trump.

A Small Bank Takes a Big Step into Crypto

Monet Bank is clear about its ambition: it aims to be the leading financial institution for digital assets, providing innovative solutions for Bitcoin, stablecoins, and a broader range of digital asset financing.

Regulated by the FDIC, Monet Bank operates six offices across Texas and was previously known as Beal Savings Bank for many years. Earlier this year, the bank briefly rebranded as XD Bank before settling on the Monet branding, which reflects a strategic shift in its focus.

Beal, the founder of Beal Financial Corp., is not only recognized for high-stakes poker but also for significantly supporting Trump’s 2016 presidential campaign through personal political committees.

🚨 new 🚨
Texas billionaire banker Andy Beal, an influential donor to President Donald Trump, is redirecting the focus of one of his two banks towards cryptocurrency.
Transforming one of the federally chartered banks he owns into Monet Bank. https://t.co/PfmMbMTDO6
— Michael Roddan (@MichaelRoddan)

This renewed engagement in the digital asset space places Monet among the few federally regulated banks that are openly prioritizing cryptocurrency infrastructure.

Analysts View Monet as Part of a Pro-Bitcoin Political Alliance

Analyst Jack Sage notes that Monet Bank has become part of a pro-Bitcoin power network surrounding Trump, which has gained momentum into 2024 and 2025.

This network comprises various entities with personal, political, or financial connections to Trump and his team, forming what Sage refers to as an emerging monetary bloc focused on Bitcoin and stablecoins.

“... this indicates that Trump’s camp is continuously constructing an alternative monetary framework based on Bitcoin and stablecoins. They are committed to this mission. The banking sector is aware of this shift, and so are we," Sage commented.

Prominent players in the network include:

Within Trump’s inner circle, organizations such as World Liberty Financial, American Bitcoin Corp., and Trump Media & Technology Group are said to be central to a political-financial infrastructure centered on Bitcoin and stablecoins.

Is a Parallel Financial System Taking Shape?

Monet Bank’s focus on cryptocurrency coincides with federal regulators under Trump’s leadership retreating from previous anti-crypto positions and introducing new frameworks that facilitate the integration of digital asset services for banks.

The acting chair of the FDIC, Travis Hill, recently shared with lawmakers that the agency plans to propose crypto-related regulations linked to the GENIUS Act, which aims to oversee stablecoins.

Monet Bank aligns with other newly established crypto-friendly banks, including:

For investors, the emergence of Monet Bank illustrates that the Trump-aligned Bitcoin ecosystem is no longer a conceptual idea but is actively constructing regulated financial infrastructures.

With enhanced political influence, regulatory leeway, and an increasing number of institutional partners participating, it’s likely that more banks and companies will join this developing monetary segment throughout 2025.