Avanti | ForkLog

ForkLog 17 01.11.2022

Crypto bank Caitlin Long-led Custodia raises $7 million

Crypto bank Custodia (formerly Avanti) raised $7 million. The Block reports, citing a filing with the U.S. Securities and Exchange Commission.

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ForkLog 6 08.06.2022

Kaitlin Long’s cryptocurrency bank sues the Fed

The Custodia cryptocurrency bank (formerly Avanti) has filed a lawsuit against the Fed over delays in ruling on its application for access to the regulator's payments system through a master account. The complaint was filed in the U.S. District Court for the District of Wyoming. Kaitlin Long accused the regulator of delaying the processing of a "critically important for business" Custodia filing. According to the lawsuit, 19 months had elapsed since the filing.

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ForkLog 8 07.09.2021

Avanti CEO criticises New York Times article on the crypto industry and DeFi

The founder and CEO of the cryptocurrency bank Avanti, Caitlin Long, rejected the NYT article's conclusions regarding digital assets and the decentralized finance (DeFi) space.

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ForkLog 21 29.08.2021

Avanti, a crypto bank, applies for Federal Reserve membership

Avanti, the first cryptocurrency company to file for Federal Reserve member-bank status.

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ForkLog 8 13.07.2021

Avanti CEO Caitlin Long criticises Fed stance on cryptocurrency firms

The U.S. Federal Reserve will make it harder for digital asset–related companies to access the payments system and bank accounts, according to Caitlin Long, founder and CEO of Avanti, a cryptocurrency bank.

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ForkLog 6 21.05.2021

Opinion: Regulatory pressure will endure, but a Bitcoin ban is not on the cards

US authorities have begun to 'clear' the regulatory field around digital assets, but this does not threaten a Bitcoin ban. Caitlin Long, CEO of the cryptocurrency startup Avanti, said.

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ForkLog 8 26.03.2021

Avanti raises $37m ahead of digital-asset bank launch

The Avanti startup announced the closing of its Series A funding round, during which it raised $37m to launch a digital-asset bank. Total funding raised since inception stands at $44m.

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ForkLog 9 29.10.2020

Crypto startup Avanti, Caitlin Long’s venture, gains U.S. bank status

The Wyoming Banking Board unanimously approved Avanti's charter and business plan, granting it official financial-institution status.

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