Glory Bank to Go Public via SPAC With Digital Asset Firm, Will Trade as OGB
Glory Bank announced it will merge with Digital Asset Acquisition Corp to create OGB Financial and pursue a Nasdaq listing under the ticker OGB. The SPAC deal takes the bank public while folding in a partner tied to the digital asset sector, giving the combined company greater access to public capital and potential strategic flexibility.
The combination is notable because it pairs traditional banking infrastructure with a digital-asset-focused sponsor, which could speed efforts into custody, payments or treasury services linked to crypto markets — though execution and regulatory clarity will be key. Investors should monitor final deal terms, governance arrangements and any regulatory approvals as OGB Financial prepares for its Nasdaq debut and outlines how it will integrate digital-asset offerings into its core banking business.