Beast Industries announced its acquisition of Step, a mobile banking app targeting teenagers and young adults, to further its financial services footprint. Step currently boasts over 7 million users and has raised approximately $500 million from investors including Stephen Curry and Justin Timberlake. Beast Industries CEO Jeff Housenbold stated that the acquisition will leverage technology-driven solutions to improve the financial health of its audience. Previously, Ethereum vault company BitMine Immersion Technologies invested $200 million in Beast Industries in January, with the two companies exploring the integration of DeFi functionality into their financial platforms. Furthermore, Beast Holdings filed a trademark application in October for MrBeast Financial, covering cryptocurrency trading and payment processing. (Cointelegraph)