VersaBank (TSX: VBNK) (NASDAQ: VBNK), a Canadian comprehensive financial institution, has announced that its management team will attend the KBW Summer Banking Conference, to be held in New York from July 28 to 29.

During the conference, VersaBank's management will participate in one-on-one meetings. The discussions will focus on the continued strong momentum of its structured receivable program in the U.S. market, as well as the near-term opportunities presented by its proprietary digital asset technology, and its leading position and first-mover advantage in the stablecoin and tokenized deposit markets.

VersaBank is a North American business-to-business (B2B) digital bank and cybersecurity technology solutions provider. The institution operates a branchless, fully digital business model. Through its proprietary technology, it serves underserved segments of the banking industry with significant risk mitigation. The majority of its deposits are sourced electronically through financial intermediary partners, and most of its financing activities are also conducted electronically. This structure benefits from significant operating leverage, driving efficiency and enhancing returns on common equity.

VersaBank also owns DRT Cyber Inc., based in Minnesota, a North American cybersecurity service provider focused on addressing the growing cybersecurity threats faced by financial institutions, multinational corporations, and government entities. Through DRT Cyber, VersaBank holds proprietary intellectual property and technology, aiming to provide next-generation digital asset support for the banking and financial community, including its revolutionary, proprietary, real bank tokenized deposits. The company's recently released financial results showed record growth in both assets and revenue, primarily driven by the expansion of its structured receivable program in the United States.