Crypto custodian Anchorage Digital has obtained a BitLicense from NYDFS, enabling it to offer regulated crypto trading services in New York. This strategic move aligns Anchorage with institutional clients seeking secure and compliant platforms.
Institutional Partnerships
The BitLicense allows Anchorage to expand its agency trading desk to asset managers and RIAs. The desk provides deep liquidity and cost-effective trading through a federally regulated framework, strengthening its position in one of the most influential U.S. markets.Strategic Growth
Anchorage has recently supported liquid staking for Liquid Collective’s LsETH and collaborated on stablecoin networks. CEO Nathan McCauley highlighted the license as a milestone in Anchorage’s mission to lead regulated crypto innovation.Looking Ahead
Anchorage’s growing presence reflects the rising institutional appetite for reliable crypto services. Its BitLicense approval may pave the way for broader adoption of regulated digital assets.
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