Avanti Financial Group mengumpulkan $ 37 juta di Seri A
Avanti Financial has become one of the largest banks of digital assets with financing of 44 million dollars
In this round, the largest investors were Morgan Creek, Binance.US, Coinbase. Several top managers and directors from Trace Mayer and Avanti have also invested in the development of Avanti Financial Group.
Some of the funds will go to software development and other operating expenses. The rest are for investment programs. According to the company's management, the digital bank Avanti Financial will become the intermediate link between payments in dollars and digital assets.
Its main functions are:
- Support for dollar-based APIs for bank transfers, ACH and SWIFT;
- issue of a stablecoin called Avit pegged to the US dollar;
- providing services for buying, selling, storing cryptocurrencies.
The company received its banking license in October 2020. According to CEO Caitlin Long, customers are actively interested in digital assets. More than 2.5 thousand requests for various services have been received. Seeing such demand, the bank plans to launch its work on the market before the end of 2021.