Banking
Caitlin Long’s Avanti Raises $37M Ahead of Crypto Bank Launch
The digital bank will put the extra cash toward meeting Wyoming regulators’ pre-launch capital requirements.

Coinbase Gave Silicon Valley Bank Stock Warrants for Access to USD Payments
The warrant, revealed in Coinbase's new prospectus, dates back to 2014, when banking was even harder for crypto firms to come by than today.

Anchorage, Newly Cleared as US Crypto Bank, Raises $80M From A16z and Others
The round in the crypto custodian was led by GIC, Singapore’s sovereign wealth fund.

Blue Ridge Bank Shares Halted by NYSE After Bitcoin ATM Announcement
The stock jumped by more than 13% after news that Blue Ridge would let customers buy bitcoin through its ATMs.

Protego Becomes Second Crypto Firm to Win Bank Charter From OCC
The conditional approval from the U.S. banking regulator follows Anchorage's approval last month.

Crypto Startup Metal Pay Files for National Bank Charter
Metal Pay's "First Blockchain Bank and Trust" would be FDIC-insured, CEO Marshall Hayner told CoinDesk.

Visa Signals Further Crypto Ambitions With API Pilot for Bank Customers to Buy Bitcoin
Visa is working with Anchorage to allow customers at traditional banks to "buy and sell digital assets."

Switzerland’s Crypto Broker AG Wins Securities House License From FINMA
Banks can tick a box and start trading with us, said CEO Rupertus Rothenhaeuser.

Signature Bank Crosses $10B in Deposits From Crypto Customers
Signature's $10 billion in deposits from crypto businesses is now double that of rival Silvergate.

Signature Bank Adds $2.5B in Non-Interest Bearing Deposits in Q4
These deposits are seen as a proxy for growth among crypto-industry clients.
