Written by Jasir Jawaid
Cheyenne, Wyo.-based Avanti Financial Group Inc. is planning to file an application with the Wyoming Division of Banking to obtain a bank charter and hopes to be open for business by early 2021, according to a news release on the company's website.
Avanti will focus on providing regulated services for digital assets and has partnered with Blockstream, a software company focused on the bitcoin protocol.
Avanti's charter would allow it to engage in a range of payment, custody, securities and commodities activities for institutional customers that use digital assets.
This article was published by S&P Global Market Intelligence on the S&P Capital IQ Pro platform.
Коментарі