Custodia Bank, based in Wyoming, was created to bridge digital assets with the U.S. dollar payments system. It adheres to all federal banking regulations, including anti-money laundering, know-your-customer, and Bank Secrecy Act requirements. The institution operates under Wyoming’s special-purpose depository framework, ensuring fiat deposits are 100% reserved.
These strict requirements provide strong investor protection and institutional custody standards. Custodia’s full compliance enables the new tokenized system to function safely within the U.S. banking ecosystem. This structure could redefine how financial institutions transfer insured dollars using blockchain technology.
Unlike the earlier proof-of-concept that tested Vantage’s Avit token on , the updated version is built for real-world deployment. It enables faster settlement and interoperability between regulated banks while preserving transparency for regulators.
