Caitlin Long is a very well-known personality in the world of digital assets and traditional banking. Caitlin Long has been the CEO and founder of Custodia Bank since 2020, a Wyoming-based bank.
It is a part digital asset custodian that safely keeps keys and tokens and is also part of a traditional bank.
In March 2021, it raised $37 million towards expanding the business operation and growing its engineering team.
Early life
Caitlin Long was born in Laramie, Wyoming. She is the daughter of a professor and an elementary school teacher.
Caitlin Long is a Harvard Law School graduate and an alumna of the Kennedy School of Government and the University of Wyoming.
She is an expert in Bitcoin and has previously spent 22 years in senior positions in Wall Street firms. She began her career at Salomon Brothers and held senior roles at Credit Suisse and Morgan Stanley Pension Solutions.
Professional achievements
She was selected in the institutional investor list of the most influential people in pensions in 2013,2014 and 2015.
She has to her name numerous publications, press, and speaking engagements including from the Wall Street Journal, Financial Times, and CNBC.
She started and ran three successful businesses in pensions and insurance and was a top-rated equity research analyst.
She was also listed among the 10 business leaders changing the world through tech in 2016. Markets Media nominated her for the Women in Finance Award for Excellence in Blockchain in 2016
An experience with the infamous 2014 Mt.Gox hack convinced her of the need for a firm that could work across crypto and traditional banking.
She has been a Bitcoin evangelist since 2012 and served on Morgan Stanley’s internal blockchain working group from 2014 to 2016.
Her goal to make the securities market transparent and fairer by issuing and trading securities on blockchain led her to found blockchain startup Symbiont, named FinTech Company of the Year 2017 by CustodyRisk.
She was one of the founders of Wyoming Blockchain Coalition in 2017 and was a gubernatorial appointee at Wyoming Blockchain Task Force till 2019.
She chairs WyoHackathon and is the CEO of Custodia Bank at present. She established the first crypto-native bank in the US, Custodia Bank. The State Banking Board of Wyoming granted the company a charter to operate.
She used her position as a member of the Wyoming blockchain committee and her influence to appeal to crypto users and to support pro-crypto legislation in the state.
She has urged firms to provide greater transparency in the crypto space. Her work with the lawmakers leads to a crypto-friendly regulatory environment and further crypto adoption in the coming years.
She has advocated against federal encroachment into the crypto space. She is a well-known speaker on crypto issues and has been using her voice to promote an environment conducive to the growth of the crypto industry.
Her work has led to Wyoming adopting many Blockchain laws, which is a set of comprehensive legal frameworks that enable blockchain technology to flourish for individuals and companies.
The laws are designed to enable innovation and creativity and bring capital, jobs, and revenue to Wyoming. The laws are designed to enable new technology to attain wide adoption.
Custodia Bank
Caitlin Long has been the founder and CEO of Custodia Bank since 2020. It is a regulatory-compliant platform for businesses to transact across digital assets and traditional finance.
In addition to offering corporate clients banking and financial services, Custodia Bank works to improve regulatory clarity and lower transaction risk in the emerging field of digital assets.
The bank’s services include digital banking which includes deposit and payment services for business customers and API service for programmable payments.
Along with this, it provides digital asset custody solutions for Bitcoin with Wyomings bailment laws. The prime services offer Custodia Bank acting as an agent to support the conversion of fiat and digital assets.
Final thoughts
In a nutshell, Cailin Long is a trailblazer in the world of digital assets and traditional banking and has helped to bridge the gap between the two realms.
It is her conviction in blockchain and crypto technology that led to her founding the first crypto-native bank in the US.
Her advocacy for transparency in the crypto space played a role in shaping pro-crypto legislation in Wyoming and enabling the easy adoption of cryptocurrency, the flow of capital to the crypto space, the advancement of technology and innovation, and the creation of many new jobs.
As the CEO of Custodia, she continues to provide regulatory-compliant platforms for businesses to transact across digital assets and traditional finance thus bridging the gap.
Caitlin Long’s contributions to the field are monumental and her efforts promise to further revolutionize the digital assets landscape in traditional banking.
