Metallicus Expands Credit Union Reach with Bonifii Acquisition

Strengthening Blockchain Solutions for Credit Unions

Metallicus, a digital banking leader, announced its acquisition of Bonifii, connecting 70 credit unions to blockchain technology. The partnership aims to bring Metal Blockchain solutions to a new CUSO under the Digital Banking Network (TDBN).

Unparalleled Blockchain Collaboration

Bonifii’s integration with a blockchain core developer sets it apart in the financial services industry. Metallicus CEO Marshall Hayner emphasized that the acquisition would enable more financial institutions to adopt on-chain solutions, enhancing their services and reducing costs.

Advancing Real-Time Payments with FedNow

Metallicus’ early involvement in the FedNow program highlights its commitment to real-time digital banking. This collaboration will extend FedNow’s benefits to credit union members, ensuring seamless instant payment solutions.

Robust Financial Footing

Bonifii’s $20 million in funding complements Metallicus’ blockchain capabilities, which boast a $13.65 million market cap. Together, they are set to redefine credit union services through blockchain integration.

Future Horizons

As John Ainsworth transitions to Metallicus, the partnership will drive blockchain innovation across credit unions, empowering them to deliver better services to their members.