Digital Custodian Anchorage Adds XRP Storage for Institutional Customers
Anchorage, a digital asset custodian targeting institutional clients, has added support for XRP, offering services for all of the top-3 cryptocurrencies.
The new partnership will add direct custodial support for Arcoin and INX, the upcoming INX Limited security token.
The U.S.-based crypto custody provider has added support for litecoin, the eighth-largest cryptocurrency by market capitalization.
Under the partnership, Anchorage will provide crypto custody services to Jewel, which is applying for its full bank license in Bermuda.
Crypto custodians are in a race to build the next State Street or BNY Mellon.
Anchorage now has six executives in its C-suite, hiring a head of finance and head of sales with experience in both tech and Wall Street.