Altcoins Talks - Cryptocurrency Forum
Further Discussions => Banks & Cryptos => Topic started by: Paglamon on June 03, 2020, 02:26:16 PM
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Crypto bank Avanti now has the backing of several popular investors in crypto.
The bank raised $5 million in an angel round and closed on a subscription to issue an additional amount at its option at a later date, said Avanti CEO Caitlin Long.
The round was led by the University of Wyoming Foundation with participation from Anthony Pompliano’s Morgan Creek Digital, Blockchain Capital, Digital Currency Group, Lemniscap, Madison Paige Ventures, Malex Enterprises, Susan B. Anthony, LLC, Gary Gigot and others.
“This announcement means Avanti is sufficiently funded to get through the process of applying for a charter application,” Long said.
Visit for more information and video: https://www.coindesk.com/caitlin-longs-avanti-raises-5m-submits-wyoming-banking-charter-application