Description
As a chartered bank, Custodia operates under the first special purpose depository institution legal and regulatory framework in the United States. Custodia services U.S.–based business customers such as digital asset businesses, fintechs, banks, corporate treasurers, trusts, pension funds, start-ups, and many more. Ultimately, the strategy of Custodia is to serve customers worldwide. Custodia is a new breed of bank — a software platform with a bank charter, built to connect digital assets with the traditional financial system in a safe and sound way. Custodia has a deep understanding of how digital assets can solve payment inefficiencies faced by our business customers. Custodia is a depository institution, which means we’re eligible to become a U.S. dollar clearing bank at the Federal Reserve and, consequently, Custodia promises a superior regulatory structure relative to digital asset competitors.