Core Banking

BlockSpaces Partners with Cogent Bank to Provide Digital Banking Solutions

BlockSpaces | June 24, 2022

Block_Spaces_Partners
On June 23rd, Cogent Bank, a full-service commercial and retail bank, and BlockSpaces, a B2B integration platform that links business applications to blockchain networks, announced their banking partnership. The news was made at the annual conference of the Florida Bankers Association (FBA), which has been operating since 1888 and is one of Florida's oldest trade organizations.

Cogent Bank's awareness of the blockchain business, which includes a thorough grasp of the dangers, distributed ledger technology, virtual currency, decentralized finance, and the changing regulatory landscape, is what led to the collaboration with BlockSpaces. The partnership enables the business to make use of Cogent's real-time, tokenized payment platform, cutting-edge treasury management tools, and API gateway for data integration because Cogent Bank focuses on delivering flexible, innovative, and forward-thinking services.

As the blockchain industry continues to rapidly develop, it's critical for emerging companies to leverage progressive banking institutions for business operations. Very few providers are up to serving customers with these unique needs. We are thrilled to have found such an innovative partner in Cogent Bank that truly embraces the coming digital transformation."

Rosa Shores, Co-Founder and CEO of BlockSpaces

We couldn't be happier to build our business with such a forward-thinking banking partner. We're having exciting discussions on how to bring digital asset services to more businesses and organizations in the future.”

Gabe Higgins, Co-Founder and Chief Blockchain Officer of BlockSpaces

We know clients like BlockSpaces are in need of instantaneous payments using blockchain technology in today's fast-paced, digital economy. At Cogent Bank we are always looking towards the future of banking, creating innovative solutions to fit the unique needs of our customers."

Chirag Bhavsar, president of Cogent Bank

BlockSpaces has strengthened its partnership with Cogent Bank as they lead the way in enabling functionality for their clients through cutting-edge services, even as the traditional financial services sector experiences upheaval as a result of technological advancements like blockchain, Web 3.0, and decentralized finance (DeFi).

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