Avanti Becomes Second Crypto Bank in US

Avanti, which will compete with Kraken Financial, plans to provide digital asset custody services—and create its own digital asset.



▪️Avanti was granted a bank charter in Wyoming.


▪️Kraken received a bank charter from the state in September.


▪️In 2019, Wyoming passed new blockchain laws to attract digital asset firms.


By Mathew Di Salvo