- Avanti Financial, an upcoming digital asset bank, raised $37 million
- The funds will be used as capital and to fund developments and operations
- Investors include Coinbase Ventures and Binance.US
In a recent press release, Avanti Financial, an upcoming digital asset bank announced that they managed to raise $37 million in Series A financing. The start-up has amassed a total of $44 million since its inception.
According to the announcement, investors include big institutions like Binance.US and Coinbase Ventures. They also have Morgan Creek Digital, Madison Paige Ventures, AP Capital, and Susquehanna Private Equity Investments as their investors.
Trace Mayer, the person responsible for forming the consortium that led Avanti’s Series A expressed his positive outlook. M...
This article was first published on coinquora.com