BlackRock Joins Forces With Anchorage to Secure Crypto Custody
Blackrock crypto custody is now entering a new phase as the world’s largest asset manager has recently partnered with Anchorage Digital. This collaboration, which was actually announced on April 8, aims to address the rising demand for digital asset custody from both retail and also institutional investors. Right now, BlackRock manages over $47 billion in crypto holdings, including Bitcoin and Ether, and this move definitely strengthens institutional crypto adoption as well as secure cryptocurrency storage options in the current market. Also Read: Chainlink (LINK) Vs. TRON (TRX): Which Is Better For This Dip? Navigating Digital Asset Security: How BlackRock’s New Custody Solution Works Source: anchorage.com Anchorage Digital, which happens to be the only federally chartered crypto bank in the US at the time of writing, will provide BlackRock with various comprehensive digital asset custody services. Beyond just the basic custody options, Anchorage also offers additional stak...