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Old Glory Bank Announces $250M SPAC Deal, Plans Stablecoin Launch And Crypto Loans

Jan 13, 2026

Old Glory Bank announced Monday a definitive agreement to merge with Digital Asset Acquisition Corp in a deal valuing the Oklahoma lender at $250 million pre-money. The transaction includes $176 million from the SPAC's trust account plus at least $50 million in additional private financing, with the

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