Custodia

The infrastructure behind the Hazel Network

Cheyenne, United States · Founded 2020 · $51.9M raised

Headquarters
Cheyenne, Wyoming
Employees
11–50
Founded
2020
Business Model
B2B
Total Funding
$51.9M
Last Round
$2.9M Venture RoundMar 2024
Rounds
4

About

Custodia Bank, Inc. is a Wyoming-chartered special purpose depository institution (SPDI): a bank built for digital assets. Custodia is the blockchain infrastructure provider for Hazel Network, a tokenized deposit and stablecoin platform it operates in partnership with Vantage Bank. Custodia runs the on-chain side of the Network: the Avit smart contracts on Ethereum, wallet provisioning for member banks, minting and burning, freezing, sanctions screening, and on-chain monitoring.

Summary

Custodia is a Crypto & Web3 company based in Cheyenne, United States, founded in 2020. It has raised $51.9M in total across 4 rounds, most recently a $2.9M Venture Round round in Mar 2024. Investors include VC VentureX, Blockchain Capital and Mark Yusko.

Tech & App Stack

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Funding History

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Venture RoundSeries Unknown IIIMar 2024
$2.9M

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