Custodia Bank

Digital asset banking and custody services

Cheyenne, Wyoming, United States

About Custodia Bank

Custodia Bank provides financial services that connect traditional banking with digital assets, focusing on institutional clients. It offers custody and payment solutions that integrate with existing financial systems, ensuring regulatory compliance and customer protection. The bank stands out by being a depository institution eligible for U.S. dollar clearing at the Federal Reserve, which enhances its operational security. Custodia Bank aims to deliver secure and efficient financial solutions in the rapidly growing digital asset market.

Cheyenne, WyomingHeadquarters

2020Year Founded

$51.9MTotal Funding

EARLY_VCCompany Stage

Fintech, Crypto & Web3, Financial ServicesIndustries

11-50Employees

Benefits

Competitive Salary

100% Remote

Competitive equity package

Amazing growth opportunity

Unlimited PTO

Medical, dental & vision coverage

Risks

Increased competition from other crypto-friendly banks in Wyoming.

Evolving U.S. regulatory landscape may impact compliance and operational costs.

Lack of an exchange platform limits attraction of broader institutional clients.

Differentiation

Custodia Bank bridges traditional banking with digital assets under a bank charter.

It offers a tokenized dollar to solve payment inefficiencies for business customers.

Custodia provides API capabilities for seamless integration with institutional clients' systems.

Upsides

Integration of AI enhances security and trust in digital asset transactions.

CBDCs present opportunities for innovative custody and transaction services.

Growing demand for ESG-compliant digital assets allows for specialized custody solutions.

Funding

Total raised$51.92 M

Latest valuation$14.40 M

StageEARLY_VC