Anchorage Digital has expanded into Asia with five institutional partners, including Singapore-based blockchain investment firm FBG Capital and Hong Kong venture firm IOSG Ventures.
The validation from partnering with these institutions shows that Anchorage is not only a growing player in the region, but that our offerings have strong global appeal.
Anchorage, the first crypto firm to receive a trust bank charter from the Office of the Comptroller of the Currency (OCC), has focused its services on large businesses rather than retail customers.
Anchorage’s OCC approval makes it an attractive partner to banks dipping their toes into crypto.
Singapore has emerged as a regional crypto market hub, in part due to China’s ban on crypto last year.
Compared to the U.S., with its infighting between regulators and turf wars, it’s a breath of fresh air to have one regulator.