Digital asset bank Custodia has received $7 million in funding, according to a notice to the U.S. Securities and Exchange Commission (SEC).
Custodia, formerly known as Avanti, was founded in 2020 by one of the famous names of Wall Street, Catlin Long.
The company organized a Series A investment round in March last year, Binance.US, Coinbase Ventures and of lemniscap from a group of investors 37 million dollars had invested.
Digital asset bank Custodia offers users real-time payment service in US Dollars for transactions made with digital assets.
The company directly adds to its balance sheet. does not add cryptocurrency depositsinstead for digital assets custody service offers.