Avanti: Completes $37 Million Series A Financing Ahead of Digital Asset Bank Launch

  • Avanti Financial Group, Inc. a Wyoming bank formed to serve as a compliant bridge to the U.S. dollar payments system
  • Announced the closing of its Series A financing round, which raised $37 million for the start-up digital asset bank
  • Use of proceeds to fund Avanti’s required regulatory capital needed for launch, as well as to fund engineering build
  • The offering upsized twice due to market demand. Avanti raised a total of $44 million since its inception
  • Series A shareholders include a global mix of institutional investors, cryptocurrency companies, and family offices
  • Avanti extremely well-positioned to competently answer questions that most in the industry have not even thought about yet
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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