Former Signature Bank chair launches N3XT payments bank

August 17, 2026

Former Signature Bank Chair Scott Shay is launching N3XT, a Wyoming-regulated bank that offers instant, fee-free overseas payments using a digital token, according to Bloomberg. The bank represents a new entrant in token-based cross-border settlement.

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LATEST: Former Signature Bank Chair Scott Shay is launching N3XT, a Wyoming-regulated bank offering instant, fee-free overseas payments using a digital token, Bloomberg reports. https://t.co/XuIUgo07o8x.com ↗

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Former Signature Bank chair launches N3XT payments bank — Outposts