Anchorage Digital's Assets Under Custody Surge Amid Increased Demand for Safe Crypto Storage
The San Francisco-based crypto bank Anchorage Digital has seen a surge in its business this year, as institutions seek safer ways to store their crypto, Bloomberg has reported. In the first quarter of 2023, Anchorage Dig...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
In the first quarter of 2023, Anchorage Digital’s assets under custody rose 80% compared to the prior quarter, the report said, while noting that the firm became a federally chartered crypto bank as recently as in 2021....
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