Two accounts, one clean answer for the data room
The reason this arrangement persists is that nothing forced a fix. Mercury will not hold the tokens, so they went where they could go, and the personal account became the company's de facto crypto treasury. It works right up until an investor asks for a complete picture of company assets.
The fix is not complicated: open a business account titled to the entity, move the assets across, and let the statements say what is actually true. From there conversions to dollars for payroll are desk-quoted across 38+ assets and settle same-day by ACH, Fedwire or RTP, while stablecoin payouts handle the distributed team in minutes instead of wire days. Mercury keeps the dollars; this holds the rest.
The founder's personal exchange account is a diligence problem
It happens the same way every time. A customer pays in USDC, or an investor sends part of a SAFE on-chain, or the team decides to hold a treasury position — and there is no company account for it, so it lands in a founder's personal exchange login. It works fine until the next round, when a data room asks who owns the company's digital assets and the honest answer is a person, not the company.
Fixing it later is worse than setting it up right. Commingled assets create tax questions, cap-table questions, and a diligence thread nobody wants open during a raise. An account titled to the entity, with statements and settlement in the entity's name, closes that thread before it opens.
Runway, payouts, and the off-ramp that has to work on demand
A startup's crypto position is not a trade, it is runway. When payroll needs dollars, converting has to be quick and predictable: desk-quoted rates across 38+ assets, settled same-day to the operating bank by ACH, Fedwire or RTP, without a market order sliding through a thin book and taking a slice of the runway with it.
Going the other direction, distributed teams get paid in minutes rather than days. Stablecoin payouts cover every corridor an international wire struggles with, and recurring contractors are saved as named people with photos and whitelisted wallets, so paying the same eight people every month never means re-pasting an address.
Mercury banks startups. Crypto is the part it leaves out.
Mercury is business banking built for startups, and the reason founders like it is real: account opening is straightforward, the interface is well designed, wires and ACH work without a branch visit, and treasury is not buried under commercial-banking sludge. If your company's money is in dollars, it is a good home for it.
Cryptocurrency is a different matter. Mercury does not offer digital-asset trading, custody, a wallet, or on-chain payments, and crypto-related business activity has historically been an area where banking partners apply additional scrutiny. Companies that touch digital assets often find themselves holding a bank account for dollars and improvising everything else.
This page is not an argument that Mercury is a bad bank. It is an argument that a crypto-active company needs a second, purpose-built account for the digital-asset side — one where crypto is the product rather than a risk category.
An account where crypto is the point, not the exception
At Anytime Capital, digital assets are the core product. Business accounts trade 38+ assets with desk-quoted execution for size, include a free non-custodial wallet so the company holds its own keys, and settle back to dollars the same day by ACH, Fedwire, or RTP. Accounts are titled to the entity — the diligence folder stays clean for the next round.
Getting money in is deliberately unfussy. Fund by business wire, business debit or credit card, ACH, Apple Pay, Google Pay, Cash App, cash by mail, or in person at our Atlanta and Miami branches. Most business accounts are approved the same day KYB documents are complete, with no waitlist.
The workflow difference: paying people on-chain
A startup paying a distributed team through international wires spends days waiting and pays fees on both ends. Stablecoin payouts land in minutes, on any day, in every corridor — the constraint is having somewhere compliant to hold and convert them.
Anytime Capital closes that loop and removes the sharpest edge in it: recurring recipients are saved as people, with a name, a photo, and their whitelisted wallets attached, so paying the same contractor next month does not mean pasting an address again. On-chain payments are unrecoverable when they go to the wrong place; the address book is not a convenience feature.
