LiveOpenAI Raises $11 Billion So Far at a $1.25 Trillion Valuation, Short of Its $30 Billion Goal
    WYDE
    Sign inSubscribe
    WYDE Newsroom Submit
    company

    Block

    Block is a payments company led by Jack Dorsey that filed an application with the Office of the Comptroller of the Currency on September 8, 2026 to establish Builders Bank and Trust, an uninsured national trust bank to custody bitcoin and stablecoins without taking deposits or making loans.

    block.xyz
    Block Head and Chairperson
    Jack Dorsey

    Leadership

    Jack Dorsey, Block Head and Chairperson. Jack Dorsey is an American tech entrepreneur and businessman who co-founded Twitter, Inc. and Block, Inc.

    Key facts

    OCC Application Date
    September 8, 2026source
    Proposed Bank Name
    Builders Bank and Trustsource
    Bank Leadership
    Lee Woolley (former Northern Trust and BNY Mellon executive)source
    OCC Charter Applications 18 Months
    40 new bank applications with 23 of 40 tied to digital assetssource

    WYDE coverage of Block

    WYDE Newsroom has published 6 articles about Block, from Jul 2, 2026 to Oct 24, 2026. Block is the subject of 6 stories. The most recent is Anthropic Donates Agent Skills to the Agentic AI Foundation, Reporting Nearly 280 Million Installs.

    AI

    Anthropic Donates Agent Skills to the Agentic AI Foundation, Reporting Nearly 280 Million Installs

    Anthropic donated Agent Skills to the Agentic AI Foundation on October 22, 2026. Anthropic says the open standard has 1 million published skills and nearly 280 million installs.

    Oct 24, 2026 · 4 min read · Subject of the story

    WYDE Weekly

    Revolut and Block Cleared US Bank Charters, AI Proved Fermat and Navier-Stokes, and the CLARITY Act Hits the Senate Monday. Over 65,400 Meals.

    Revolut and Block clear OCC bank paths, Wyoming puts its stablecoin reserves onchain, AI checks proofs of Fermat and Navier-Stokes, the CLARITY Act hits the Senate, and creators can now get paid to end hunger.

    Sep 12, 2026 · 5 min read · Subject of the story

    Crypto & DeFi

    Block Files With the OCC to Launch Builders Bank, a National Trust Bank for Bitcoin and Stablecoin Custody

    Jack Dorsey's Block applied to the Office of the Comptroller of the Currency for Builders Bank and Trust, an uninsured national trust bank that would custody bitcoin and stablecoins without taking deposits or making loans.

    Sep 10, 2026 · 2 min read · Subject of the story

    WYDE Weekly

    Swift's banking network turned on its blockchain, Circle became a bank, and an XRP windfall gave away $154 million. Over 60,000 meals.

    WYDE Weekly: Swift's live ledger with 17 banks, Circle and Sony's OCC charters, the $1.4 trillion Meta demand, a revived 45 million hunger warning, and Rippleworks' record $154 million grant year.

    Jul 12, 2026 · 7 min read · Subject of the story

    Legal

    Block Pays $45 Million to 46 States Over Cash App Fraud Failures

    A bipartisan coalition of 46 attorneys general settled with Cash App parent Block over claims it misled users about fraud protection, and the deal locks in up to $120 million in consumer refunds.

    Jul 10, 2026 · 2 min read · Subject of the story

    AI

    Square Lets Restaurants Take Orders Directly From ChatGPT and Claude

    Square's new ChatGPT app and Claude plugin let diners discover and order from restaurants inside AI assistants, with no marketplace commission and no setup for eligible US sellers.

    Jul 2, 2026 · 2 min read · Subject of the story

    Reported alongside Block

    Sources

    Track the institutions that move money.

    Data-driven coverage, every week.