Cheyenne, WY – According to filings with the U.S. Securities and Exchange Commission, Custodia Bank is raising $7,485,440.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Caitlin Long played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Custodia Bank
Custodia Bank is formed to serve as a compliant bridge to the U.S. dollar payments system and a custodian of digital assets that can meet the strictest level of institutional custody standards. Custodia is required to fully comply with all applicable laws and regulations, including the Bank Secrecy Act and federal know your customer, anti-money laundering and related laws and regulations. Custodia will also comply with Wyomings special purpose depository institution and digital asset laws, which include requirements that fiat deposits be 100% reserved and that Custodia meet the strictest consumer protections in the digital asset industry. Custodia plans to open its doors in Q222.

To learn more about Custodia Bank, visit http://custodiabank.com/

Contact:
Caitlin Long, Chief Executive Officer
307-635-0710
https://www.linkedin.com/in/caitlin-long-/

SOURCE: http://www.intelligence360.io
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