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Old Glory Bank Announces Peter Ort and Michael Sonnenshein to Join Board of Directors of OGB Financial Company Upon Nasdaq Listing
oldglorybank.com ELMORE CITY, Okla.--(BUSINESS WIRE)-- Old Glory Bank (OGB), the premier full-service FDIC-insured bank serving the Freedom Economy, today
About this update from Digital Asset Acquisition Corp.
[{"type":"text","content":"\noldglorybank.com\n\n\n ELMORE CITY, Okla.--(BUSINESS WIRE)--\nOld Glory Bank (OGB), the premier full-service FDIC-insured bank serving the Freedom Economy, today announced its intention to have senior finance executives Peter Ort and Michael Sonnenshein, respected leaders in finance and crypto, join as Independent Directors of OGB Financial Company, subject to receiving Federal Reserve approval.\n\n\nOn January 13, 2026, Old Glory Bank announced that its bank holding company, Old Glory Holding Company, entered into a business combination agreement with Digital Asset Acquisition Corp (Nasdaq: DAAQ) (“DAAQ”), a special purpose acquisition company, to create OGB Financial Company, a Texas corporation to be listed on Nasdaq under the reserved ticker symbol “OGB” (the “Business Combination”). More information available here: Press Release\n\n\nPeter Ort and Michael Sonnenshein have agreed to join Old Glory Bank to aid in preparations to integrate Old Glory Bank’s innovative, proprietary crypto product suite into its digital-first banking offering.\n\n\nPeter Ort\n\n\nPeter Ort, Co‑Chairman and Principal Executive Officer of DAAQ and General Partner at Cambium Capital, brings deep experience in banking, venture capital, and crypto. “Old Glory Bank continues to lead the banking sector with its pace of product innovation across online banking and crypto, and I’m delighted to be joining the Board of OGB Financial Company upon the closing of our Business Combination,” said Peter Ort.\n\n\nMichael Sonnenshein\n\n\n“American consumers deserve the opportunity to have access to trusted, FDIC-insured banking services, where they can freely transact and use their crypto assets for loans and easy exchange for fiat deposits. The innovations coming out of Old Glory Bank are much-needed and long overdue,” said Michael Sonnenshein. “Old Glory Bank is building the infrastructure that will finally connect daily banking with the crypto ecosystem, and I am honored to help guide that mission.”\n\n\nSonnenshein, as former CEO and Board Member of Grayscale, led the company through rapid growth and helped bring institutional legitimacy to Bitcoin and digital asset investment products. His leadership in converting GBTC into a spot Bitcoin ETF, advancing regulatory engagement, and championing real‑world asset tokenization, including at Securitize as its rec...