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Avanti Completes $37 Million In Series A Financing To Launch A Digital Asset Bank
Summary: Avanti Financial Group today announced the completion of a $37 million Series A financing, bringing its total funding to $44 million. The funds will back the need for regulation, operation and development of the Avanti Digital Asset Bank to be launched soon. Series A saw investors from the institutional space, cryptocurrency companies, family offices, and ...
Avanti Financial Group today announced the completion of a $37 million Series A financing, bringing its total funding to $44 million. The funds will back the need for regulation, operation and development of the Avanti Digital Asset Bank to be launched soon.
Series A saw investors from the institutional space, cryptocurrency companies, family offices, and several senior executives and directors of Avanti.
Individual investors include Trace Mayer, Marcel Kasumovich, Rob Kauffman (Aldel Capital), Tim Keefe, Lawrence Lepard, Eric Ly, etc. Institutional investors include 1843 Capital, AP Capital, Banca del Ceresio, Binance.US, Coinbase Ventures, ECMC Group, Equity Management Associates, Greybull Stewardship, Hard Yaka, HashKey, Holon Global Investments, Lemniscap, Madison Paige Ventures, Morgan Creek Digital, PJT Partners, Slow Ventures, Susquehanna private equity investment and the University of Wyoming Foundation, etc.
Avanti Financial is the second crypto bank recognized by the state of Wyoming in the United States after Kraken Financial in October last year.
By Mary Liu
Tags: Avanti,Digital Asset,Fund,Kraken,Wyoming
Link: Avanti Completes $37 Million In Series A Financing To Launch A Digital Asset Bank [Copy]
