What Does Anchorage Digital Do? - Company Overview

    Learn what Anchorage Digital does, their products and services, target market, and business model.

    What Does Anchorage Digital Do? - Company Overview

    Name: Anchorage Digital

    Headquarters: San Francisco, California, US

    Employees: 537

    Anchorage Digital is a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions. Anchorage Digital offers secure custody, regulatory compliance, and a suite of platform capabilities tailored for institutional clients operating in the digital asset space.

    Their main solutions include:

    • Secure Custody of digital assets and USD, enabling clients to safeguard cryptocurrencies with robust protection.
    • Regulatory Compliance support, underpinned by Anchorage Digital Bank N.A., the only federally chartered crypto bank in the United States.
    • Trading services for various digital assets.
    • Atlas Settlement, which allows for on-chain settlement to avoid counterparty and bankruptcy risks.
    • Staking options for earning rewards on assets such as Aptos, Ethereum, Sui, and Solana.
    • DeFi access through Porto by Anchorage Digital, offering self-custody of ERC-20 and SPL tokens with web3 capabilities.
    • Stablecoin rewards and support for Token Generation Events (TGE).

    Anchorage Digital also operates Anchorage Digital Singapore, extending its regulated, security-focused offerings internationally.

    Who Uses Anchorage Digital?

    Anchorage Digital primarily serves institutional clients who demand secure, regulated infrastructure for handling digital assets. Notable customers include BlackRock, Triton Capital, Aptos, Arca Labs, Electric Capital, Starkware, ZK Alliance Foundation, Oasis Foundation, cLabs, Axelar, and Protocol Labs. These organizations rely on Anchorage Digital for secure custody, trading, staking, and settlement of their crypto assets.

    What Makes Anchorage Digital Unique?

    Anchorage Digital stands out as the home of Anchorage Digital Bank N.A., which is the only federally chartered crypto bank in the U.S. This regulatory status enables Anchorage to provide services with a level of compliance and oversight that is rare in the crypto industry. Their integrated approach combines custody, trading, staking, and DeFi access, reducing operational complexity for institutional users. The Atlas settlement feature further differentiates Anchorage by providing on-chain settlement, which minimizes counterparty and bankruptcy risks.

    Leadership Team and Governance

    Anchorage Digital was co-founded by Nathan McCauley (CEO) and Diogo Mónica (Executive Chairman of the Board), both of whom have deep expertise in security and financial infrastructure. The company’s board includes representatives from major investment firms such as a16z, KKR, Paradigm, Blockchain Capital, and GIC. Advisors to Anchorage Digital include prominent industry figures like Max Levchin (CEO, Affirm), Kevin Warsh (former Governor of the U.S. Federal Reserve), and Stanley Druckenmiller (founder, Duquesne Capital), reinforcing the company’s credibility and strategic vision. More details about their team and story can be found on their About page.

    Who Are Anchorage Digital’s Competitors?

    Anchorage Digital operates in a competitive landscape that includes other institutional crypto custody and infrastructure providers such as Coinbase Institutional, BitGo, Fireblocks, and Gemini Trust. Their regulated status and integrated service offering distinguish them in this market.

    Use PromptLoop to Uncover Company Data

    Looking for more company insights like this? PromptLoop helps you go deeper, providing unique data points and analysis on companies like Anchorage Digital and many others. Automate your research and find the information that matters most. Discover how PromptLoop can accelerate your market intelligence. Get A Free Demo to learn more.

    Find More Companies
    Try:
    Loading...