Custodia Bank ™ @custodiabank Twitter profile | Pikagi

Pikagi

Custodia Bank ™

@custodiabank

18,654

Followers

1

Following

22

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94

Statuses

Custodia specializes in digital asset payment and custody solutions for US commercial customers. Deposits are not FDIC insured.

Cheyenne, WY

https://t.co/Sg6aFoOifi

Joined February 2020

Don't wanna be here? Send us removal request.

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@custodiabank

Custodia Bank ™

21 days

1/ Unlike other #Bitcoin custodians, @custodiabank uses a segregated custody model that allows you to validate your address balances **on-chain.** Did you also know that Custodia's #Bitcoin custody setup allows you to manage your individual #UTXOs ?🧐👇

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@custodiabank

Custodia Bank ™

1 year

CUSTODIA STANDS FIRM IN RESPONSE TO THE FED

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@custodiabank

Custodia Bank ™

4 years

AVANTI IS OFFICIALLY A BANK! Our charter & business plan were approved 8-0 today, incl. #Avit (a tokenized US dollar, which we announced we'll issue initially on #Liquid ( #Bitcoin sidechain) & #Ethereum . Open for commercial customers early Q1. More here:

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@custodiabank

Custodia Bank ™

1 year

STATEMENT BY @custodiabank on today's announcements by federal bank regulators:

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@custodiabank

Custodia Bank ™

11 months

Our CEO, @CaitlinLong_ , was just named one of three Innovators of the Year 2023 in the US banking industry by @AmerBanker , selected by American Banker as one of the top three from the 20 total named Innovators of the Year 2023. Congrats to all!

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@custodiabank

Custodia Bank ™

6 months

1/ BIG NEWS!! Custodia’s #Bitcoin custody platform recently went live. Custodia is a *BANK* built by Bitcoiners & we offer segregated (not omnibus) custody accounts on our custom-built Bitcoin custody platform. Our whitepaper describes how we're different:

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Custody Whitepaper | Custodia Bank

Custodia provides a full suite of banking and financial services tailored to business customers looking for enhanced regulatory clarity, defined asset and balance sheet status for assets, and...

custodiabank.com

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@custodiabank

Custodia Bank ™

9 months

1/ @CustodiaBank is live! Last month, we began to serve external customers. For helping us reach this milestone, special thanks go to our team, our investors and all our partners--especially in the face of regulatory pressure on the #digitalasset industry.

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@custodiabank

Custodia Bank ™

1 year

STATEMENT FROM CUSTODIA BANK about today's Federal Reserve action on its membership application. Its master account application remains pending:

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@custodiabank

Custodia Bank ™

2 years

. @custodiabank CEO @CaitlinLong_ on what makes us different: "Our design is to be non-leveraged. It's the polar opposite of all the mess that I've been warning about for the last few years that is creating the train wreck in the [digital asset] industry." h/t @CNBC

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@custodiabank

Custodia Bank ™

1 year

CONGRATULATIONS and best wishes to all the @AmericanBanker_ Innovators of the Year nominees, including Custodia Bank's own @CaitlinLong_ .

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@custodiabank

Custodia Bank ™

1 month

Hear our CEO, @CaitlinLong_ , tell @CNBC why @custodiabank 's business is still going strong, why it's not giving up on a Fed master account, and how its business model is designed to remove #Herstatt risk from the traditional banking system.👇

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@custodiabank

Custodia Bank ™

3 years

NEWS: @AvantiBT announces completion of our Series A capital raise, bringing the total raised to date to $44m as we prepare for digital asset bank launch. Round was upsized twice due to market demand. We're hiring (bank ops, finance, engineering)-join us!

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@custodiabank

Custodia Bank ™

9 months

2/ Services now available in some (but not all) US states include US dollar deposits & US government money market fund services. Stay tuned: #Bitcoin custody is pending launch, offering customer protections inherent to a bank that are superior to those offered by non-banks.

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@custodiabank

Custodia Bank ™

6 months

3/ As a non-lending bank, we offer integrated Bitcoin custody & US dollar services (Not FDIC Insured) under one roof, which simplifies user operations and reduces risk. We recently earned approval from the Wyoming Division of Banking to go live with our #Bitcoin custody service.

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@custodiabank

Custodia Bank ™

4 years

INTRODUCING AVANTI BANK!

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@custodiabank

Custodia Bank ™

3 years

Avanti announces it will shortly apply for FDIC insurance, acting quickly to test the viability of the path laid out by the President’s Working Group for digital asset companies that are outside the universe of legacy banks that are already FDIC-insured.

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@custodiabank

Custodia Bank ™

4 years

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@custodiabank

Custodia Bank ™

9 months

8/ We extend special thanks to all of our supporters and encourage you to stay in touch via info @custodiabank .com. Please watch for updates as we roll out new services and new states. Let’s do this!

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Custodia provides a full suite of banking and financial services tailored to business customers looking for enhanced regulatory clarity, defined asset and balance sheet status for assets, and...

custodiabank.com

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@custodiabank

Custodia Bank ™

2 years

STATEMENT ON @BIS_org PROPOSED BANK CAPITAL REQUIREMENTS FOR DIGITAL ASSETS, co-authored by our CEO, @CaitlinLong_ & our CTO, Rich Radnay. Full comment letter available here:

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@custodiabank

Custodia Bank ™

6 months

2/ Our #Bitcoin custody service is purpose-built for businesses: fiduciaries, investment advisers, fund managers & corporate treasurers. We’re currently offering some of our services in various US states. The best way to learn more is to reach out to us:

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Get Started | Custodia Bank

Custodia provides a full suite of banking and financial services tailored to business customers looking for enhanced regulatory clarity, defined asset and balance sheet status for assets, and...

custodiabank.com

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@custodiabank

Custodia Bank ™

4 months

@jeffjohnroberts @CaitlinLong_ Yes, the above is true, but @CustodiaBank survived the hit & figured out how to get operating while waiting for the Court's decision on the legality of the Fed's denial. We are open. Check us out!

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Custodia provides a full suite of banking and financial services tailored to business customers looking for enhanced regulatory clarity, defined asset and balance sheet status for assets, and...

custodiabank.com

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@custodiabank

Custodia Bank ™

6 months

4/ Since we built our #Bitcoin custody platform in-house, we’re especially grateful to those willing to help us by providing user feedback. We look forward to learning about how we can work and grow together! Get in touch!

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@custodiabank

Custodia Bank ™

4 years

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Avanti Financial Joins Kraken as a Wyoming-Approved Crypto Bank

Blockchain pioneer Caitlin Long is now the CEO of her own special purpose depository institution (SPDI) in Wyoming.

www.coindesk.com

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@custodiabank

Custodia Bank ™

9 months

3/ As a reminder, @CustodiaBank is initially serving US business customers only (not individuals)--and we are not authorized to operate in all US states yet. Please check our website for important information and disclosures. We are opening slowly & carefully.

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@custodiabank

Custodia Bank ™

8 months

WELCOME @lisa_hough_ ! Lisa brings her decade+ career in energy trading to @custodiabank , where she will help the US #Bitcoin & energy industries meet their banking & bitcoin custody needs, including integrations w/ their banking & capital markets providers

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@custodiabank

Custodia Bank ™

1 year

Thankfully the BIS today backed off its proposal to penalize banks' use of permissionless #blockchains . Our CEO & CTO submitted a comment letter on this in October, explaining why blocking banks from using this tech cld obsolete banks. Thank you @BIS_org

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@custodiabank

Custodia Bank ™

4 years

AVANTI WELCOMES TO OUR ADVISORY BOARD: @ChristopherA : internet pioneer, co-creator TLS security standard @BobMcElrath : former lead Fidelity Digital #blockchain architect Katie Cox: 30-yr Federal Reserve bank regulator, former Manager of M&A section in DC

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@custodiabank

Custodia Bank ™

9 months

7/ “We're grateful to our partners, who appreciate our approach of complying with banking laws & regs; to Wyoming for its enabling laws; to our team & investors; & to the law-abiding #digitalasset industry,” said CEO @CaitlinLong_ , named by @AmerBanker a top 3 Innovator of 2023.

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@custodiabank

Custodia Bank ™

9 months

6/ A new breed of bank has arrived for the US #digitalasset industry-one that’s tech-forward, treats customers w/ the respect you deserve & has a regional bank-style risk mgmt program. We took the hard path of becoming a regulated bank bc it's the right thing to do for customers!

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@custodiabank

Custodia Bank ™

9 months

4/ Many friends have asked us how they can help @CustodiaBank succeed. One way is to do business with us once we’re authorized in your state & if you’re approved to open an account. Please contact info @custodiabank .com if you’re interested in talking.

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@custodiabank

Custodia Bank ™

9 months

5/ It's been quite a journey for Custodia. In Dec we told the Fed we'd complete a task list and--even tho no longer required--we still did it. Since then we passed myriad independent reviews, built new partnerships & built a new service to meet a market need. And now we’re live!

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@custodiabank

Custodia Bank ™

2 years

IS IT TRUE?? Yes, it’s true: @CustodiaBank really did **propose** to the Fed to hold $1.08 in a Fed master account for every $1.00 of customer USD deposits during our first 3 years of operating with a Fed master account. Learn more here:

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@custodiabank

Custodia Bank ™

4 years

ANNOUNCING AVANTI'S LEADERSHIP TEAM! It's a group of all-star co-founders, each w/ significant prior experience in regulated financial institutions. The need for Avanti has never been clearer & we're full-speed ahead!🤠 @Blockstream @kanzure @zshimko

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@custodiabank

Custodia Bank ™

2 years

AVANTI IS HIRING! Interested in joining the first digital asset custody bank in the US built on the backbone of a modern core banking platform? Several open roles--compliance associate + engineering & product roles too. Join us!🤠

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@custodiabank

Custodia Bank ™

5 months

📈 @custodiabank engineering stats: Google's general test coverage guidelines: 🎯Acceptable: 60% 👏Commendable: 75% 🌟Exemplary: 90% Custodia's 2023 stats: 📈New code this year: +101% 📊Early '23 coverage: 87% 🚀Coverage now: 90.5% 💪Test coverage vs Google guidelines: EXEMPLARY

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@custodiabank

Custodia Bank ™

2 years

AVANTI IS NOW CUSTODIA! Check out our new look at + learn more about the vision behind the rebranding & our plans as we move closer to launch in Q2!

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@custodiabank

Custodia Bank ™

3 years

NEWS! ex-Treasurer of @Ford , Neil Schloss, joins @AvantiBT as advisor, along w/ Ford's ex-head of treasury IT, Bob Cullinan & ex- @blackrock Managing Director Tim Keefe. "I see Avanti’s solutions as potential game changers for corporate treasurers."-Schloss

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@custodiabank

Custodia Bank ™

5 months

While most #bitcoin custodians provide customers w/ a pro rata share of an omnibus Bitcoin custody account, @CustodiaBank provides customers w/ full segregation of Bitcoin. Custodia custodies customer #UTXOs ! Whitepaper on our segregated Bitcoin custody:

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Custody Whitepaper | Custodia Bank

Custodia provides a full suite of banking and financial services tailored to business customers looking for enhanced regulatory clarity, defined asset and balance sheet status for assets, and...

custodiabank.com

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@custodiabank

Custodia Bank ™

4 months

1/ Last week, we caught up with @PrestonPysh to discuss @CustodiaBank 's segregated #Bitcoin custody service. Check it out on your preferred podcast app to learn more about the latest developments for Custodia. Here’s a 🧵about what we covered👇

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Bitcoin Custody for Institutions w/ Caitlin Long & Wes Knobel (BTC166)

Join Caitlin Long from Custodia Bank and Wes Knobel discussing the innovative non-fractional reserve system, cryptocurrency banking, and the challenges faced...

www.youtube.com

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@custodiabank

Custodia Bank ™

3 years

Join the @AvantiBT team and help build a future where all banks support #bitcoin & #crypto + offer *meaningful* API capabilities to tech-savvy customers. Job postings below:

@CaitlinLong_

Caitlin Long 🔑⚡️🟠

3 years

1/ AVANTI KICKED OFF A HIRING BLITZ as we move toward launch, posting jobs in finance, bank operations, engineering, ISO & sys admin. We see a future where all banks support #crypto & offer *meaningful* API capabilities to tech-savvy customers. Join our team & help build it!🤠

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@custodiabank

Custodia Bank ™

4 years

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Avanti got a bank charter. Here’s what's next on its agenda.

Founder Caitlin Long says the blockchain bank plans to issue a virtual currency and help hedge funds and family offices trade digital assets now that it has a special-purpose banking charter in...

www.americanbanker.com

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@custodiabank

Custodia Bank ™

4 months

Happy 2024! Last year, did you read our whitepaper about our Custody product and the segregated vs. the omnibus model? if you're curious but haven't read it yet, here's a short thread. 🧵

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Custody Whitepaper | Custodia Bank

Custodia provides a full suite of banking and financial services tailored to business customers looking for enhanced regulatory clarity, defined asset and balance sheet status for assets, and...

custodiabank.com

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@custodiabank

Custodia Bank ™

4 years

INTRODUCING #Avit , a new US dollar payment solution for use by traders, investors and corporate treasurers when they desire real-time settlement--and @AvantiBT 's accelerated timetable for opening. Learn more here:

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@custodiabank

Custodia Bank ™

3 years

Avanti Statement on its Application to Become a Federal Reserve Member Bank: Avanti today confirmed press reports that it filed an application to become a Member Bank of the Federal Reserve on August 5, 2021.

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@custodiabank

Custodia Bank ™

3 years

New team members! * Gary Blumenthal, ex-managing director at @UBS & COO of Grasshopper Bank, as Ops Senior Advisor; * Mike Borges CPA, ex-Controller of Beneficial, as CFO; * Mike Coleman, ex-CFO & head of ops & compliance at FirsTier, as Head of Bank Ops

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@custodiabank

Custodia Bank ™

4 years

THANK YOU to the investors who are helping @AvantiBT get through the #Wyoming #SPDI charter application process!

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@custodiabank

Custodia Bank ™

1 year

New Fed Policies And Procedural Abnormalities: There are leadership lessons in the Fed's 86-page Custodia order, released Friday, that may help the law-abiding #digitalasset industry forge a path forward. @custodiabank is continuing its work to break thru.

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Press Release | Custodia Comments On The Fed's 86-Page Order: New Fed Policies And Procedural...

There are leadership lessons in the Fed's 86-page Custodia order, released Friday, that may help the law-abiding digital asset industry forge a path forward. Custodia is continuing its work to break...

custodiabank.com

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@custodiabank

Custodia Bank ™

21 days

2/ Currently, you can select which UTXOs you want to protect. We’re working on a full set of #Bitcoin #UTXO management features, making UTXO hygiene even easier. This is especially useful in high fee environments & for smaller UTXOs (eg, mining rewards as part of a pool payout).

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@custodiabank

Custodia Bank ™

21 days

3/ Between the #halving and #Runes launch, #Bitcoin network fees are back to all time highs and it’s critical to have a strategy to manage your #UTXOs and reduce fee expenditure.

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@custodiabank

Custodia Bank ™

4 months

Our custody model is like a single tree. It's easy to know which leaves and branches belong to whom because it's still there, standing strong. There's no need to process that tree into lumber because you can simply count the leaves.

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@custodiabank

Custodia Bank ™

21 days

4/ The material contained herein is for informational purposes only. Please see for more information!

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Get Started | Custodia Bank

Custodia provides a full suite of banking and financial services tailored to business customers looking for enhanced regulatory clarity, defined asset and balance sheet status for assets, and...

custodiabank.com

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@custodiabank

Custodia Bank ™

4 months

7/ 56:45 How to identify when ETFs might be having problems 59:10 Looking forward to a potential world where #ETF holders might someday redeem shares for real #Bitcoin held in custody by @custodiabank Check out ! END

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Custodia provides a full suite of banking and financial services tailored to business customers looking for enhanced regulatory clarity, defined asset and balance sheet status for assets, and...

custodiabank.com

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@custodiabank

Custodia Bank ™

4 months

If you're interested in learning more about Bitcoin custody, banking services, or money market funds, please fill out this form and we'll get back to you. We'd love to chat!

Tweet card media

Get Started | Custodia Bank

Custodia provides a full suite of banking and financial services tailored to business customers looking for enhanced regulatory clarity, defined asset and balance sheet status for assets, and...

custodiabank.com

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@custodiabank

Custodia Bank ™

4 months

6/ 45:00 Consequences of “bad money” crowding out “good money” 47:11 Tokenization of equities & digitalization of corporate stock; Caitlin’s background working w/ the State of Delaware in 2016-17 52:38 Inefficiency in the mkt & potential issues with trading #Bitcoin #ETFs

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@custodiabank

Custodia Bank ™

4 years

@contractslegal @jamesob @CaitlinLong_ Very smart observations there, @contractslegal . But why wait until next day??😉🤔🤠

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@custodiabank

Custodia Bank ™

4 months

Custodia offers segregated custody and is a bank, not a trust company. This means that in the event of bankruptcy, your assets remain legally yours.

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@custodiabank

Custodia Bank ™

4 years

@DCGco @CaitlinLong_ Thanks @DCGco ! We're thrilled to be part of each other's teams on this journey!

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@custodiabank

Custodia Bank ™

4 months

To make this easier to understand, let's use a metaphor: think of a forest, then imagine a single tree. In bankruptcy, the court treats that forest as harvested lumber. Even if you owned one tree or several, it's difficult to know which boards came from your tree vs. others.

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@custodiabank

Custodia Bank ™

4 months

Most of the industry offers omnibus custody. Most also use the legal framework of a trust. In 2023 we saw what can happen when a trust company fails--customers can face haircuts due to preferences, delays & general uncertainties of bankruptcy.

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@custodiabank

Custodia Bank ™

4 years

@starkness @jamesob @CaitlinLong_ @kanzure 🙏

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@custodiabank

Custodia Bank ™

4 years

@Lemniscap @CaitlinLong_ Thanks! What an honor to join forces on this journey!🤠

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@custodiabank

Custodia Bank ™

4 months

4/ 31:00 Potential for #BTC lending through an outside lender ( @custodiabank isn't the lender) 32:00 What we are excited about in the next few years (Layer 2s, Lightning) 33:00 Approved at charter for ability to do #stablecoin 33:20 Cantor as custodian of Tether’s T-bills

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@custodiabank

Custodia Bank ™

4 months

3/ 12:56 6102 Attack & Fed vs. State Regulatory Framework for Custodia 17:13 Custodia’s lawsuit - @PrestonPysh 's thoughts 25:20 Technology & our custody product 27:50 Plans for expansion 28:30 Trading: why @custodiabank believes in segregation of custody from exchanges

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@custodiabank

Custodia Bank ™

4 months

2/ 2:40 #Bitcoin #ETF #Custody 3:30 #Bailment discussion, what makes @custodiabank (as a bank) different 7:45 A theory about why ETFs concentrate custody at Coinbase (for now) 9:20 Why Custodia uses segregated custody & custodies #UTXOs 11:00 Why ETFs aren’t using Custodia

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@custodiabank

Custodia Bank ™

4 months

5/ 34:30 Stablecoins - risk (“speed of light” vs. legacy “Oregon Trail” speed) 37:00 Wes’s perspective on #stablecoins - fractional reserve vs. full reserve 38:00 TGA draw down - Caitlin’s take on #BTFP ending in March 42:30 Consolidation of the banking industry

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@custodiabank

Custodia Bank ™

4 years

@patricksouth @DigitalChamber @CaitlinLong_ @zshimko Thank you @patricksouth ! 🙏

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@custodiabank

Custodia Bank ™

6 months

@GabeBHiggins Please check out our whitepaper. It might answer your questions!

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@custodiabank

Custodia Bank ™

4 years

@h_joshua_rivera @blockchaincap @CaitlinLong_ Thanks Josh! What an honor to be part of the Blockchain Capital team!! 🙏

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@custodiabank

Custodia Bank ™

4 years

@jamesob @russmonk Yep, interesting perspective Russ. Fiat on/off ramps that give customers the freedom to choose where to store value are proving valuable to the growth of the ecosystem, indeed. Thanks

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