Anchorage Digital

As we wrap up another remarkable year, we want to extend our heartfelt gratitude to everyone who helped us grow this year. From all of us, we wish you joy and peace during this holiday season and a prosperous New Year filled with exciting opportunities!

⚡ From opening the year with spot ETF approvals to closing it out with market momentum, 2024 was a defining year for crypto. At Anchorage Digital, we were proud to play a part in the maturation of the crypto market. Read about our proudest achievements from this last year: https://lnkd.in/d9zVjmWN

Product spotlight: Discreet trading 📊 ✖️ Problem: Large-scale trades can trigger unwanted market signals and lead to slippage. 🔨 Solution: Anchorage Digital offers institutions the ability to execute tailor-made trading solutions designed to reduce market impact and maintain confidentiality.

We are excited to announce that the New York State Department of Financial Services has approved our subsidiary, Anchorage Digital NY, LLC, for a BitLicense. The addition of BitLicense-regulated trading means Anchorage Digital can offer institutions in New York State secure and cost-efficient trading with a new level of efficiency with full capabilities expected in early 2025. A regulatory pioneer, Anchorage Digital has one of the only agency trading desks to receive a BitLicense from NYDFS. Our agency trading desk enables NY-domiciled clients to take advantage of deep liquidity and cost effective trading from a regulated entity. To learn more, go here: https://lnkd.in/gjpYkkne

We’re thrilled to introduce ETH restaking through an integration with Eigen Labs, as well as EIGEN custody and staking for our institutional clients. As the digital asset landscape continues to evolve, we remain committed to providing cutting-edge solutions that empower institutions to confidently participate in decentralized finance. Institutions that hold and stake ETH may now collect additional rewards when they restake their ETH, extending ETH’s cryptoeconomic security to additional applications on the Ethereum network. By choosing Anchorage Digital for EigenLayer participation, institutions benefit from working with a reliable, trusted staking partner with accessibility and security incorporated in every part of the Anchorage Digital platform. To learn more, go here: https://lnkd.in/gbzW6sag 

Anchorage Digital is proud to launch support for BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and Ondo Finance US Dollar Yield Token (USDY) on the Aptos blockchain. This enables clients to securely custody reward-generating assets on Aptos, fostering greater participation in the Aptos ecosystem.

The Phase 1 Babylon Labs Cap- 3 staking period went live today. Institutions can now securely stake #BTC through Anchorage Digital to unlock new opportunities in the growing Bitcoin ecosystem. If you are interested in staking #BTC on Babylon get in touch before the Cap-3 staking period closes on December 17: https://lnkd.in/gurBF_NZ To stake with Anchorage Digital at this phase, or anytime going forward, you can also search for "Anchorage Digital" here 👉 https://lnkd.in/dShd9sq5

Don't miss Anchorage Digital's General Counsel, TuongVy Le moderating a power panel at the Blockchain Association's Policy Summit with U.S. Securities and Exchange Commission Commissioner Hester Peirce and Commissioner Mark T. Uyeda on Tuesday, December 17th at 1:00 pm ET. See the agenda ⬇️: https://lnkd.in/dGBqiyNr

Product spotlight: In-app staking📱 ✖️ Problem: Current staking solutions in self-custody wallets often present a trade-off between security and ease of use, forcing institutions to choose between complex self-management or entrusting assets to third-parties with varying levels of security and transparency. 🔨 Solution: Institutions using Porto by Anchorage Digital enjoy secure staking, a seamless, self-service staking experience in the app, and flexible delegation.

Anchorage Digital recently added support for eight new assets: + Ethereum: HairDAO (HAIR), SPX6900 (SPX), Syrup (SYRUP), Staked Syrup (STSYRUP), and WeatherXM (WXM) + Solana: dogwifhat (WIF), Jupiter Perps LP (JLP), and SPX6900 (SPX) As the only federally chartered crypto bank and an unambiguous qualified custodian, our clients benefit from the highest standard for institutional crypto custody, including: 🛡 Bankruptcy protections and segregated assets 🏦 Regulatory compliance  🔒 Keys stored in air-gapped hardware security modules 🚫 Elimination of single points of failure 🪙 Staking directly from regulated custody Learn more about our broad and growing list of supported assets: https://lnkd.in/gyMTSttt