[FundBank Renamed to IRACE Digital and Acquires Tenet Bank] Odaily Planet Daily News: FundBank has been renamed to IRACE Digital and has acquired Cayman Islands-based Tenet Bank. This transaction integrates digital asset banking services and fintech-focused clients into IRACE's existing institutional banking operations. Former Zodia Custody CEO John Cronin has been appointed as the global CEO, and IRACE is expanding into the custody, liquidity, and trading infrastructure sectors. (CoinDesk)