Lead Bank, a Missouri bank with a 97-year history, is currently restructuring to serve financial technology and cryptocurrency companies. The company has raised $70 million, with a valuation of $14.7 billion, almost double that of last year, aiming to expand its balance sheet and customer base.

The bank stated that Silicon Valley's most well-known investors, Andreessen Horowitz and Khosla Ventures, as well as other existing investors (including Ribbit Capital, Coatue, and Zeev Ventures) participated in this round of financing. New investors Iconiq Capital and Greycroft also participated in this round of financing.