“Can a Nevada-chartered trust company become the go-to regulated financial infrastructure layer for Web3 builders needing compliant fiat, custody, and token management in one API-first platform?”
Fortress Trust was founded as a Nevada-chartered trust company by crypto and banking veterans to serve as a regulated, compliance-first Web3 infrastructure provider for brands and developers. Rather than competing with consumer wallets, the company positioned itself as a B2B platform offering white-labeled custody, fiat on/off-ramps, NFT infrastructure, and escrow services powered by BaaS partnerships with Treasury Prime and BankProv. The company was acquired by Ripple Labs in 2023, signaling the strategic value of its regulated trust charter and embedded finance infrastructure for enterprise blockchain use cases.