On April 8, Anchorage Digital announced its selection as the newest digital asset service provider for BlackRock, marking a significant expansion of their relationship with the world’s largest asset manager.
This move comes amid rising demand for digital asset custody among institutional and retail investors.
Through this partnership, BlackRock gains access to digital asset custody, staking, settlement, and on-chain governance services via Anchorage Digital Bank, the only US federally chartered crypto bank.
BlackRock has designated Anchorage as a custodian for its spot cryptocurrency exchange-traded products (ETPs) and other crypto investment vehicles, following a comprehensive assessment of Anchorage’s capabilities.
