Bastion New York Trust Charter

Bastion’s New York limited purpose trust charter, from the NYDFS register.

Legal name (NYDFS): Bastion Platforms Trust Company, LLC
Approval: Limited purpose trust company
Approved (as published): February 14, 2025
Status: Active

Bastion Platforms Trust Company, LLC is chartered by the New York State Department of Financial Services (NYDFS) as a limited purpose trust company under the New York Banking Law, approved on February 14, 2025.

Status note. Formerly Dibbs Trust Company, LLC; renamed January 27, 2026.

Questions

Is Bastion a New York trust company?

Yes. NYDFS lists Bastion Platforms Trust Company, LLC as a limited purpose trust company, granted February 14, 2025.

What can a New York trust company do?

A limited purpose trust company chartered by NYDFS can act as a fiduciary, for example as a custodian of digital assets, under New York Banking Law supervision.

Browse all firms in the NYDFS BitLicense list.

Brand: Bastion
Approved: February 14, 2025
Company website: bastion.com
NYDFS register: dfs.ny.gov
Sources: Source Link
NYDFS register of virtual currency businesses https://www.dfs.ny.gov/virtual_currency_businesses
Charter approval date (under former name) https://www.dfs.ny.gov/reports-and-publications/weekly-bulletins/wb20250228
Name change effective January 27, 2026 https://www.dfs.ny.gov/reports-and-publications/weekly-bulletins/wb20260130

Source	Link
NYDFS register of virtual currency businesses	https://www.dfs.ny.gov/virtual_currency_businesses
Charter approval date (under former name)	https://www.dfs.ny.gov/reports-and-publications/weekly-bulletins/wb20250228
Name change effective January 27, 2026	https://www.dfs.ny.gov/reports-and-publications/weekly-bulletins/wb20260130

Source: the NYDFS list of regulated virtual currency businesses and NYDFS announcements, linked on each record. NY Presswire is not affiliated with NYDFS; the NYDFS register is the official record.