What does Anchorage do?

Anchorage Digital is a prominent financial technology and Web3 infrastructure company based in San Francisco, California. Founded in 2017, it has become a "unicorn" with a valuation of approximately $4.2 billion. The company is notable for being the parent of Anchorage Digital Bank N.A., the first federally chartered crypto bank in the United States, which allows it to offer a comprehensive range of regulated digital asset services for institutional clients. Anchorage Digital provides a suite of services tailored for institutional investors, financial institutions, and corporations. Its offerings include secure crypto custody, trading and execution services, staking and yield generation, and a robust settlement network. The company emphasizes security and compliance, adhering to U.S. banking regulations and providing FDIC-insured fiat custody. With a global presence and regulatory licenses in key markets, Anchorage Digital serves a diverse clientele, including traditional banks, asset managers, and government agencies, positioning itself as a trusted partner in the evolving digital asset landscape.