VersaBank Conference: VBNK Details Deposit Tokens, Stablecoin Custody and U.S. Receivables Growth

VersaBank (NASDAQ:VBNK) outlined its attack to integer assets and tokenized banking services during a presumption astatine OTC Markets’ Virtual Investor Conferences Digital Asset Conference, emphasizing that the institution views blockchain-based products arsenic an hold of its long-running, afloat integer banking model.

David Taylor, the bank’s president and founder, described VersaBank arsenic a 30-year-old instauration with a cloud-based, branchless, business-to-business exemplary that helium said provides important operating leverage arsenic it grows—particularly pursuing its introduction into the U.S. market. Taylor said the slope has grown assets implicit the past 3 years astatine an mean compounded complaint of 27% to astir CAD 6 billion, and helium cited “nearly CAD 36 cardinal successful 2025 of mean income.” He attributed the maturation to a receivable acquisition financing programme launched successful Canada and expanded to the U.S. past year.

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Taylor said VersaBank’s U.S. rollout of its receivable acquisition programme gained traction quickly, noting that by the extremity of its archetypal twelvemonth of U.S. operations successful 2025, the slope had “more woody flow” successful the U.S. than successful Canada, wherever it has operated the programme for astir 18 years. In the Q&A, helium besides referenced achieving a year-end people of $290 cardinal successful receivable acquisition programme value.

Looking ahead, Taylor said VersaBank is signing further partners and moving to amended the merchandise with an “AI-driven, instant acquisition of the receivables” capability. He described the conception arsenic enabling partners to merchantability receivables arsenic they are generated, with an interior AI module monitoring incoming information against a “pre-approved recognition box” and different recognition parameters.