Blockchain infrastructure for Hazel Network

Custodia Bank, Inc. is a Wyoming-chartered special purpose depository institution (SPDI): a bank built for digital assets. We are the blockchain infrastructure provider for Hazel Network, the tokenized deposit and stablecoin platform we operate in partnership with Vantage Bank.

Custodia runs the on-chain side of the Network: the Avit smart contracts on Ethereum, wallet provisioning for member banks, minting and burning, freezing, sanctions screening, and on-chain monitoring. The smart contracts enforce token settlement rules in code, from consortium membership to reserve caps. When Avit stablecoins circulate beyond the banking consortium perimeter as payment stablecoins, Custodia holds the reserves backing every externally held token, one to one.