Banking


Finance

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.

Avanti CEO Caitlin Long

Markets

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.

Silicon Valley Bank

Finance

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.

Anchorage

Markets

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.

Blue Ridge Bank CEO Brian Plum

Finance

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.

OCC

Markets

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.

A sign outside the OCC office (CoinDesk)

Finance

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."

CoinDesk placeholder image

Finance

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.

Jan Brzezek, founder and CEO of Crypto Finance Group (left), and Rupertus Rothenhaeuser, CEO of Crypto Broker AG

Finance

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 Chairman Scott A. Shay

Finance

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.

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