According to Foresight News, crypto startup Bastion announced that it has obtained money transmission licenses (MTL) in New Hampshire and Arkansas. Bastion was founded by two former a16z executives and provides seamless integration of Web3 infrastructure and enterprise technology.
Foresight News previously reported that in September 2023, Bastion completed a $25 million seed round of financing, led by a16z crypto, with participation from Laser Digital Ventures, Robot Ventures, Not Boring Capital, etc. under Nomura Group. Bastion provides services such as cryptocurrency custody.
