Avanti Is Now Custodia, Announces Countdown to Launch in Q2
February 16, 2022; Cheyenne, Wyo. – Avanti Financial Group, Inc. today announced our new name, Custodia Bank, Inc., as a countdown to the launch of the first-of-its-kind digital asset bank. Custodia Bank™ plans to launch in Q2 with U.S. dollar deposit accounts for business customers, initially providing ACH and Fedwire services. Our post-launch roadmap includes digital asset custody, Avit™ (a payment instrument akin to a digital cashier’s check) and prime services, facilitated by customer-facing APIs to enable the programmability of payments by customers.
To learn more about Custodia’s vision behind the rebranding and its plans moving forward, please click below.
Press Releases
- Avanti Statement on its Application to Become an FDIC-Insured Bank
- Avanti CEO Caitlin Long Delivers Remarks at Bretton Woods Committee
- Avanti Statement on its Application to Become a Federal Reserve Member Bank
- Avanti Submits Comments to Federal Reserve
- Avanti Welcomes Best-in-Class Bank Operations and Finance Professionals from Across the U.S.
- Avanti Announces Former Ford Motor Company, BlackRock Managers As Advisors
- Avanti Bank Statement on Federal Reserve Board Review of Payments System Access
- Avanti Completes $37 Million Series A Financing Ahead of Digital Asset Bank Launch
- Avanti Granted Bank Charter And Approval Of Business Plan For Digital Asset Custody And Tokenized U.S. Dollar
- Avanti Financial Group Announces Accelerated Charter Application
Disclaimer
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Deposits at Custodia are not insured by the Federal Deposit Insurance Corporation.
