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Caitlin Long Net Worth: Founder of Custodia Bank

UseTheBitcoin Editorial Team · Originally written by James Obande

4–6 minutes

Last Updated:

October 30, 2026

Caitlin Long

Caitlin Long Net Worth: Founder of Custodia Bank

Caitlin Long

Key Takeaways

  • Caitlin Long’s experience in working with traditional finance has helped her provide solutions for blockchain projects.
  • She is the founder and CEO of Custodia Bank, a platform that helps digital assets access payment services in traditional finance.
  • She continues to support the blockchain industry, promoting the Wyoming community and its framework.       

Caitlin Long is a key personality in the financial market, acting as an intersection between digital assets and banking regulation in the past few years. She has taken part in crypto policy debates and founded Custodia Bank, a Wyoming-chartered special purpose depository institution that offers custody and payment services to digital asset businesses. 

As of October 2026, Custodia Bank has no Federal Reserve master account. The Tenth Circuit ruled against it in October 2025 and refused a rehearing in March 2026, and Custodia’s Supreme Court petition was distributed on 28 October 2026 for the Court’s 13 November conference. No reliable public figure exists for Caitlin Long’s net worth.

Who is Caitlin Long? Building a Framework for Digital Asset and Traditional Finance

Caitlin Long has established a strong academic foundation in finance, earning several prestigious awards. She later obtained other degrees to help her finance career in the financial market, such as a Master of Public Policy in International Trade, Finance, and a Juris Doctor from Harvard Kennedy School and Harvard Law School.

She proceeded to work with many finance companies on Wall Street for over 22 years, building connections up her ladder. This role involved acting in senior roles at top financial companies, such as Morgan Stanley, and a corporate pension organization, managing billions of pension obligations for clients. 

Caitlin Long became involved with Bitcoin in 2012 while working at Morgan Stanley; however, she suffered a loss of funds and a wallet associated with the 2014 Mt. Gox hack, which inspired her passion to create a bank that bridges crypto and traditional finance. 

Following her departure into the blockchain space, she started working with Symbiont, where she worked with smart contract solutions for the market. This zeal led to Wyoming Blockchain, a partnership that has helped enact over 20 different laws to support the market’s growth. 

Using the Wyoming Blockchain framework, she founded Custodia Bank to provide digital assets custody and payment services. She has remained active, promoting the growth of the blockchain space. 

Contributions to the Blockchain Industry

Caitlin Long has contributed to making the crypto space a ground to allow startup projects to grow through the Wyoming framework. Her desire to help Wyoming gain global recognition through constant posts and updates on her X account, regarding the development of the Wyoming community. 

She is a thought leader who has participated in several cryptocurrency conferences and events, highlighting her contributions to the blockchain industry. 

Custodia Bank and the Federal Reserve Master Account Case

Custodia Bank does not have a Federal Reserve master account as of October 2026, and its case is now before the US Supreme Court. A master account lets a bank settle payments directly through the Federal Reserve. Custodia sued the Federal Reserve Board and the Federal Reserve Bank of Kansas City in June 2022 over delays in deciding its application, and a district court ruled against it in March 2024.

A three-judge Tenth Circuit panel affirmed that ruling 2-1 on 31 October 2025, holding that the Reserve Banks have discretion over master accounts. The full court denied a rehearing 7-3 on 13 March 2026, with Judge Timothy Tymkovich dissenting.

Custodia asked the Supreme Court to take the case on 10 July 2026. Its petition asks whether the Monetary Control Act gives regional Reserve Bank presidents discretion to deny master accounts to eligible institutions. The Federal Reserve Board and the Kansas City Reserve Bank filed briefs opposing the petition on 13 October 2026, Custodia replied on 28 October, and the Court distributed the petition for its 13 November 2026 conference. The Blockchain Association, The Digital Chamber and Senator Cynthia Lummis and others filed briefs supporting Custodia. As of 28 October 2026, the Court had not acted on the petition (Supreme Court docket 26-62).

The Federal Reserve is also writing rules for a narrower account. On 20 May 2026 the Board asked for public comment on a proposed “payment account” for clearing and settling payments, with comments due by 27 July 2026 (Federal Reserve Board). On 4 March 2026 the Federal Reserve Bank of Kansas City gave Kraken’s banking arm a limited account that falls short of a full master account, the first for a crypto firm’s bank, according to CoinDesk.

Custodia has kept building with partner banks. In 2025 it and Vantage Bank, a Texas bank, issued the Avit token on Ethereum, which American Banker described as the first bank-issued stablecoin on a permissionless network. In June 2026 the two banks released a white paper for Hazel Network, in which one token acts as a tokenized deposit inside a bank network and as a stablecoin outside it. They said the first of four testing phases was complete and expected Hazel to be available to banks by the fourth quarter of 2026 (Vantage Bank, 18 June 2026).

Caitlin Long’s Net Worth

As of October 2026, no reliable public figure exists for Caitlin Long’s net worth. Custodia Bank is a private company, and the numbers on aggregator sites come with no method and disagree widely, so this page does not use them.

Conclusion

Caitlin Long continues to support the crypto space, formulating the best policies that would improve the growth of startups in the blockchain industry while enabling them to access payment services in the traditional finance space. 

Caitlin Long has built a long career in finance and crypto policy, but as of October 2026 no reliable net worth figure is available for her. 

FAQs

Who is Caitlin Long, CEO?

She is the founder and CEO of Custodia Bank, driven by a passion to bridge the gap between blockchain technologies and traditional finance. 

Does Custodia Bank have a Federal Reserve master account?

No. As of 28 October 2026 Custodia does not have one. The Tenth Circuit refused a rehearing in March 2026, and the Supreme Court is due to consider Custodia’s petition at its 13 November 2026 conference.

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UseTheBitcoin Editorial Team

Author

The UseTheBitcoin editorial team, led by Editorial Lead David Lance Constantino, researches, writes and keeps these guides, reviews and explainers up to date. Some were first written by former contributors, who are credited on each page.