Signature Bank and Prime Trust have reached a cooperation, combining the technical service institutions of both parties in the blockchain industry

According to BusinessWire, New York-based commercial bank Signature Bank today announced a partnership with the Prime Trust. Prime Trust is a technology-driven financial institution designed to provide infrastructure solutions for the digital economy. Prime Trust's Prime Settlement Network is one of the multi-asset counterparty settlement platforms. It will use Signature Bank's blockchain-based digital payment platform Signet ™ to provide real-time payments and Billing services.