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.