Anchorage Digital Launches Registered Investment Advisor Offering
Today, Anchorage Digital is proud to launch a comprehensive custody and trading separately managed account (SMA) offering for registered investment advisors (RIAs) to participate in digital assets in a safe, secure, and compliant manner. The new offering provides RIAs with custody and settlement services from Anchorage Digital Bank—the only federally chartered digital asset bank, and an unambiguous qualified custodian. We are proud to launch with a number of leading partners in the advisor space, including Eaglebrook Advisors and Onramp Invest, a Securitize company.
“After the recent SEC custody rule proposal, demand from RIAs for a qualified crypto custodian is higher than ever before. Leveraging our status as the only OCC-chartered digital asset bank, our new offering enables RIAs to access the digital asset class through safe, secure, and regulated infrastructure. By covering the full range of the trading cycle—from custody, execution, settlement, and even post-execution tax features—Anchorage Digital is proud to partner with leading RIAs to unlock the next generation of crypto adoption.”
— Diogo Mónica, President and Co-Founder of Anchorage Digital
Working with Anchorage Digital Bank provides RIAs with a clear path forward for complying with proposed changes to the SEC custody rule. In addition, Anchorage Digital’s agency trading desk via Anchorage Digital Bank affiliate, Anchorage Hold provides RIAs access to many sources of liquidity, allowing advisors to achieve tight pricing and meet fiduciary responsibilities.
“As an award-winning crypto SMA platform serving some of the largest RIAs, Eaglebrook needed a custody and trading partner with a leading regulatory status and security profile. That is exactly what we have found in Anchorage Digital. Together, Eaglebrook and Anchorage Digital are breaking new ground for wealth managers and RIAs to access tax-optimized bitcoin and ether portfolios in a safe, secure, and compliant manner.”
— Christopher King, CEO and Founder of Eaglebrook Advisors
Our purpose-built offering provides streamlined access for the entire RIA landscape—from turnkey asset management platforms (TAMPs) and third-party technology platforms, to direct integrations with RIAs. We are also proud to partner with Onramp Invest, a leading digital asset wealth management platform that serves a community of RIAs representing over $40 billion in cumulative AUM.
“The evolving alternatives market has recognized inevitable potential for investors, and it’s our goal to break down barriers for financial professionals to access these powerful digital assets for their clients. Partnering with Anchorage Digital is a crucial step towards achieving that goal.”
— Eric Ervin, Founder and CEO of Onramp Invest, a Securitize company
We have also partnered with TaxBit, the leading tax and accounting compliance solution for the digital economy, to provide the tax and accounting features RIAs need to participate in crypto.
“TaxBit and Anchorage Digital have always shared a similar commitment to building an industry-leading regulatory stack to drive crypto adoption and innovation. Joining forces is critical to give RIAs the compliance features they need to participate in the digital asset economy. We are proud to welcome clients of Anchorage Digital into the TaxBit ecosystem.”
—Lindsey Argalas, CEO of TaxBit
If you would like to learn more about our offerings for RIAs, please get in touch.
About Anchorage Digital
Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the only federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore, and self-custody wallet Porto by Anchorage Digital. The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.
This post is intended for informational purposes only. It is not to be construed as and does not constitute an offer to sell or a solicitation of an offer to purchase any securities in Anchor Labs, Inc., or any of its subsidiaries, and should not be relied upon to make any investment decisions. Furthermore, nothing within this announcement is intended to provide tax, legal, or investment advice and its contents should not be construed as a recommendation to buy, sell, or hold any security or digital asset or to engage in any transaction therein.
Anchorage Digital Bank National Association offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian.