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

March 27, 2021

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