Full-Time
Digital asset platform for institutional clients
No salary listed
Senior, Expert
Remote in USA
Anchorage provides a digital asset platform that focuses on secure custody, trading, staking, and governance services for cryptocurrencies. The platform is tailored for institutional clients, including hedge funds and financial institutions, ensuring that their digital assets are managed with high security and operational flexibility. Anchorage's services generate revenue through custodial fees, trading commissions, and staking. The platform is designed to enhance execution speed, allowing clients to maximize the value of their digital assets while maintaining a seamless user experience and adhering to industry-standard security practices. Anchorage aims to be a trusted partner for institutions navigating the digital asset market.
Company Size
201-500
Company Stage
Series D
Total Funding
$487M
Headquarters
San Francisco, California
Founded
2017
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Health and wellness: 100% health, dental, and vision coverage for employees and their dependents
Parental leave: Family comes first: we offer parental and child bonding leave to all new parents
Meaningful equity: Every team member is a part owner in the company and community that we’re all building together
Remote friendly: We allow employees to work anywhere in the U.S. or Portugal, and have physical workspaces in New York, San Francisco, South Dakota, and Portugal.
Flexible time-off plan: Take time off, guilt-free, so you can recharge when you need to
401(k) plan & FSA account: Building a better financial future starts with our employees
Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors.
Odaily Planet Daily News: Securitize, a tokenization platform supported by BlackRock, announced the appointment of former Anchorage executive Georgia Quinn as Chief Legal Officer, with the aim of promoting the adoption of compliant tokenized securities in traditional financial markets.
However, it's up against some big, well funded competitors such as Fireblocks, which has raised over $1 billion in funding and Anchorage Digital, where backers invested almost half that.
The Plume Network has recently announced an exclusive collaboration with Anchorage Digital.
Anchorage Digital has secured a BitLicense in New York, enabling the company to serve institutions in the world's financial capital."Secure and cost-efficient trading" is set to be on offer from early next year, it said in an announcement on Monday.Companies have said that acquiring a BitLicense is both time consuming and expensive, with just a handful of firms getting the green light from regulators.New York residents and businesses that wish to buy and sell crypto can only transact with platforms that have a BitLicense. Critics claim this stifles innovation and disproportionately affects startups.Anchorage Digital's CEO and co-founder, Nathan McCauley, said this is "a major step forward" for his company—and vowed to continue cooperating with the New York State Department of Financial Services (NYDFS.)"Bringing regulated and efficient crypto trading to clients based in New York marks the latest in our journey to build the best regulatory and technical stack for institutions in crypto," he added.All of this comes amid seemingly insatiable demand for Bitcoin, and exchange-traded funds tracking its spot price, from investment advisors and institutional asset managers.Anchorage Digital says it offers an agency trading desk that's targeted toward this end of the market, meaning NY-based institutions can access "safe, regulated crypto trading with competitive pricing."BitLicenses have opened the door to other products of late.Ripple's RLUSD stablecoin, which aims to challenge the likes of Tether and Circle by offering digital assets pegged on a 1:1 basis with the U.S. dollar, is going live today.RLUSD will be regulated by the NYDFS, in essence meaning that it will now be subject to New York banking laws.Anticipation for this stablecoin's rollout has helped XRP, a token launched by the co-founders of Ripple Labs, accelerate in recent days.It's trading at $2.67 at the time of writing, up 14% over the past 24 hours—building upon a rally that began when Donald Trump was re-elected president.His pro-crypto policies include sweeping changes at the Securities and Exchange Commission, which has been engaged in a long-running legal fight with Ripple Labs.Hopes have also been raised that a more relaxed regulatory atmosphere in the Trump administration could pave the way for ETFs that offer exposure to XRP.Edited by Stacy Elliott.Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more