February 24, 2020 Blockstream and Caitlin Long announce Wyoming-based cryptoasset bank.

Blockchain advocate Caitlin Long, who has spearheaded many recent cryptocurrency-related legislative efforts in Wyoming, announced on Monday the launch of Avanti Bank. With support from blockchain startup Blockstream, the crypto-bank intends to provide a legally-compliant bridge from cryptoassets to the US dollar and custody services. The bank, which recently completed a $1M seed round, is currently applying for for licenses and expects to launch as early as 2021.