Digital Asset Acquisition, Old Glory Bank Announce Merger

Digital Asset Acquisition Corp. Class A ( (DAAQ) ) has provided an update.

On January 13, 2026, Digital Asset Acquisition Corp. and Old Glory Holding Company entered into a business combination agreement that will see DAAQ redomicile from the Cayman Islands to Texas, rebrand as OGB Financial Company, and merge with Old Glory Bank, with the combined entity seeking a Nasdaq listing under the ticker OGB. The move positions Old Glory Bank to scale its digital-first, crypto-integrated banking model nationally, with the planned addition of senior finance and crypto figures Peter Ort and former Grayscale CEO Michael Sonnenshein to the future OGB Financial board, subject to regulatory and shareholder approvals, underscoring its ambition to bridge traditional banking and digital assets.

More about Digital Asset Acquisition Corp. Class A

Digital Asset Acquisition Corp. is a Nasdaq-listed special purpose acquisition company formed to pursue mergers, share exchanges, asset acquisitions, share purchases, reorganizations or similar business combinations with one or more businesses. Old Glory Bank, its current merger partner, is a full-service FDIC-insured bank focused on the “Freedom Economy” and DeFi Economy, offering digital-first consumer and business banking with integrated crypto-oriented products.

Average Trading Volume: 155,132

Technical Sentiment Signal: Strong Sell

Current Market Cap: $235.4M

For a thorough assessment of DAAQ stock, go to TipRanks’ Stock Analysis page.