Protegotrust

Protego Trust (also referred to as Protego Trust Bank) is a United States financial services company that positions itself as a regulated bank built for institutional participants in digital asset markets. Its stated service set spans custody, trading, lending and issuance of digital assets, delivered through what the company describes as a single, vertically integrated platform. Company-sourced descriptions emphasize a banking charter as the mechanism enabling this combined offering, and reference multi-asset capabilities intended for financial institutions and existing market participants.

Company profiles list the firm as founded in 2017 and headquartered in Seattle, Washington, with a US presence and a staff size in the 21-50 range (one directory tally counts 17 employees across 10 departments). Marketing copy captured in one directory listing states a launch year of 2023. Named individuals associated with the company include CEO Ron Totaro, CIO of Custody and Chief Architect Alex Waters, Chief Control Officer/Managing Director Jeffrey Edwards, Managing Director and Head of Data Marc Alvarez, and board member Brian Golob; press mentions also cite Brian Brooks and Michael Carpenter joining the board in February 2022.

Business model

The company describes itself as a regulated banking partner serving institutional clients, offering custody, trading, lending and issuance of digital assets within one integrated relationship. Sources do not detail pricing, fee structures or contract terms.

Traction

Third-party directory estimates (unverified) cite approximately $5,000,000 in annual revenue and roughly $132,000 revenue per employee; the same source states no funding recorded while separately showing a single undated funding entry, so these figures should be treated as low confidence.

Latest developments

The most recent developments identified in the sources are 2022 leadership and governance changes: board appointments in February 2022, advisory board expansion in June 2022, and the appointment of Ron Totaro as CEO in September 2022. Secondary-market shares in the company are listed on the EquityZen platform under the ticker symbol PTRB.