We see a future where all banks support digital assets and offer meaningful API capabilities to tech-savvy customers.
Avanti is a new breed of bank — a software platform with a bank charter, built to connect digital assets with the legacy financial system. Our team is deeply experienced in both. We’re not just a bank — we’re a depository institution, which means we’re eligible to become a U.S. dollar clearing bank at the Federal Reserve. Avanti offers a superior regulatory structure relative to digital asset competitors, including a full-reserve requirement for dollar deposits and a deep understanding of how digital assets (including our tokenized dollar, Avit™) can solve payment inefficiencies faced by business customers.
Avanti will service business customers such as digital asset traders, fintechs, banks, corporate treasurers, trusts, pension funds, start-ups and many more. Stay in touch to learn more about our modern API capabilities across each of our products.
Avanti is a Wyoming bank formed to serve as a compliant bridge between digital assets and the U.S. dollar payments system, and as a custodian of digital assets that can meet the strictest level of institutional custody standards. On October 28th, 2020, Avanti’s bank charter was granted by 8-0 vote of the State Banking Board. Avanti intends to offer several products and services, including: a tokenized, programmable US dollar called Avit™*; custody services for digital assets; API-based online banking services where customer deposits must be 100% backed by reserves; and prime services for digital assets.
Deposits at Avanti will not be insured by the Federal Deposit Insurance Corporation.