Tokenizer is not a bank. Tokenizer is a financial technology company. Banking Services are provided by Mbanq’s banking partner, Evolve Bank & Trust, Member FDIC. The Tokenizer Checking Account is provided by Evolve Bank & Trust, Member FDIC. The Tokenizer Visa® Card is issued by Evolve Bank & Trust, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Deposits held at Evolve Bank & Trust are insured up to $250,000 per depositor, per account ownership category, by the FDIC. FDIC insurance protects against the failure of an FDIC-insured depository institution.