Anchorage Announces Custody Support for Bitcoin L2 Stacks
Anchorage has advanced its institutional custody services into the Bitcoin layer-2 ecosystem using Stacks. Leading L2 solution for Bitcoin, Stacks, just achieved a significant milestone with their Nakamoto update. Through this collaboration, Stacks becomes the first platform to incorporate Anchorage Digital Bank N.A., providing custody services to STX holders. Anchorage Digital formally entered the Bitcoin […]
Anchorage Expands Custody Support for Solana Tokens
The cryptocurrency custodian Anchorage Digital is adding custody and staking support for tokens based on Solana to its list of offerings. A federally-authorized cryptocurrency bank in the United States, Anchorage Digital Bank is growing its services to include custody and staking assistance for the Solana ecosystem. The custodian announced on August 6 that, in addition […]
FDIC sets to hire Anchorage crypto custodian to manage assets of failed banks
The FDIC is now on the verge of employing a cryptocurrency custodian to assist it to store and sell digital assets like crypto when a bank fails. According to sources familiar with the matter, the federal government is planning to hire Anchorage, a San Francisco-based firm, to assist it in storing and selling any Bitcoin […]
Galaxy Digital partakes in a $50 million investment round for crypto staking firm Figment
Currently valued at more than $500 million, the cryptocurrency staking service platform, Galaxy Digital may be aiming to expand its employees and commercial operations. Galaxy Digital, the investment management firm founded by Mike Novogratz, is said to have participated in a $50 million funding round for Figment, a cryptocurrency staking platform. The company Galaxy Digital […]