Custodia Bank

Custodia Bank

Verified
Custodia Bank specializes in digital asset payment & custody solutions for US businesses. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$12—17m (Dealroom.co estimates Mar 2024.)
Cheyenne Wyoming (HQ)
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor

$0.0

round
N/A

$0.0

round
investor investor investor investor investor investor investor investor

$0.0

round
investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor

$0.0

round
N/A

$0.0

round
*
N/A

$2.9m

Series A
Total Funding000k

Recent News about Custodia Bank

Edit
More about Custodia Bankinfo icon
Edit

Avanti Bank is a pioneering financial institution that bridges the gap between traditional banking and the emerging world of digital assets. Operating under a bank charter, Avanti is uniquely positioned to offer a suite of services that cater to institutions seeking enhanced regulatory clarity, robust customer protections, and minimized transactional risks. The company operates in the digital asset banking sector, providing custody and payment solutions that are designed to integrate seamlessly with the legacy financial system.

Avanti's primary clients are institutions, including tech-savvy businesses and financial entities that require sophisticated digital asset management and transaction capabilities. These clients benefit from Avanti's modern API (Application Programming Interface) capabilities, which allow for easy integration and interaction with their existing systems.

The market Avanti operates in is the intersection of traditional finance and digital assets, a rapidly growing sector as more institutions recognize the potential of blockchain technology and cryptocurrencies. Avanti's business model revolves around being a depository institution, which means it can hold deposits and is eligible to become a U.S. dollar clearing bank at the Federal Reserve. This status provides a significant advantage in terms of regulatory compliance and operational security.

Avanti makes money through various channels, including fees for custody services, transaction processing, and API access. Additionally, the company offers a tokenized dollar, which helps solve payment inefficiencies for business customers, providing another revenue stream.

In summary, Avanti Bank is a forward-thinking financial institution that combines the stability and regulatory compliance of traditional banking with the innovative potential of digital assets. It serves institutional clients in a niche market, leveraging its unique position to offer secure, efficient, and integrated financial solutions.

Keywords: Digital Assets, Custody Solutions, Payment Solutions, API Integration, Regulatory Clarity, Tokenized Dollar, U.S. Dollar Clearing, Financial Institutions, Blockchain, Cryptocurrency.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.