Avanti Financial Group (Avanti), a digital asset bank founded by Wall Street veteran Caitlin Long, announced that its application for a banking license was completed on July 15, and is expected to open as early as October 2020. Chain Wen Note: Avanti is a compliant digital asset bank founded by Caitlin Long, a Wall Street veteran. It is positioned as a brand new banking institution that specializes in providing encryption-related services. Caitlin Long himself is responsible for developing a series of encryption in Wyoming. Legislative work. According to previous reports from Chain News, Avanti has completed a $5 million angel round of financing in early June, led by the University of Wyoming Foundation, with participating investors including Morgan Creek Digital, Blockchain Capital, and Digital Currency Group.