Anchorage Subsidiary Receives Approval To Launch Crypto Custody Service In South Dakota

News, Regulation | July 19, 2019 By:

Crypto firm Anchorage has announced that its new subsidiary Anchorage Trust Company has received a license from the state of South Dakota.

Founded in 2017, Anchorage claims to be the first crypto-native digital asset custodian for institutional investors. The Anchorage platform is engineered to help institutions better safeguard their investments while getting more out of their assets,