$350M St Cloud CEO: The First Credit Union to Put Bitcoin on Core Ledger | Jed Meyer
Bitcoin Magazine $350M St Cloud CEO: The First Credit Union to Put Bitcoin on Core Ledger | Jed Meyer A 1930s postal credit union now custodies real Bitcoin. St. Cloud CEO Jed Meyer breaks down its hybrid vault model and quiet path to over 20 BTC. This post $350M St Cloud CEO: The First Credit Unio
Source: Bitcoin Magazine
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DW NOTE
A 1930s postal workers' credit union now holds real Bitcoin on its core ledger — not ETF exposure, not a separate custody memo account, but actual UTXOs in member-controlled multisig vaults. St. Cloud Financial has custodied over 20 BTC without marketing the service, which tells you more about latent demand than any survey. If a credit union founded before the SEC existed can navigate NCUA exams and state custody law to offer direct Bitcoin buy-and-sell, the institutional excuse for staying on the sidelines just got thinner.