Avanti Financial Group provides a regulated bridge to the U.S. dollar payments system and custody services for digital assets designed to meet institutional custody standards. The company intends to use recent funding to meet required regulatory capital for launch and to fund engineering build and other operating expenses. Avanti has raised a total of $44M since inception, including a $37M Series A disclosed in this article. Backers include a global mix of institutional investors, cryptocurrency companies, family offices, multiple Avanti executives and directors, and individual investors prominent in crypto, tech and asset management. Leadership is headed by founder and CEO Caitlin Long. Avanti is required to comply with U.S. laws including the Bank Secrecy Act and federal KYC/AML rules and will also comply with Wyoming’s special purpose depository institution and digital asset statutes, which require 100% reserved fiat deposits and heightened consumer protections.

Total raised

$37M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2021