Anchorage Partners with Visa, First Boulevard on Crypto APIs Pilot
Anchorage Digital is pleased to be working together with Visa and First Boulevard Bank in their pilot of a new set of crypto-related APIs to enable neobanks and financial institutions to connect to Anchorage’s crypto services and capabilities and increase crypto access and usability. This pilot, which is anticipated to launch later this year, represents an important milestone in allowing banks, neobanks, and other financial institutions to easily and securely integrate digital asset products into their own offerings.
Recent months have seen unprecedented demand for exposure to crypto assets on the part of institutions and consumers alike. And while demand is high, the kind of plug-and-play tools many institutions need to provide those services are in very short supply. Through this partnership, Visa and Anchorage will explore ways to lower the barrier to entry for institutions looking to provide digital asset services to their customers.
From a technical perspective, this pilot will enable Visa clients to easily connect to Anchorage infrastructure, allowing banks, neobanks, and other financial institutions to maintain their own unique user experiences on the front end, while securely tapping into the digital asset ecosystem on the back end. Through the pilot program, First Boulevard clients will be able to buy, hold, and sell digital assets held in Anchorage Digital Bank, the first federally chartered digital asset bank.
This pilot program is a significant step forward both for the proliferation of crypto as an asset class, and for accessibility and inclusion in payments and financial services. We’re thrilled to be working alongside Visa and First Boulevard to build the infrastructure for a more secure and equitable financial future, and proud to offer institutions easy, secure solutions for enabling crypto products and services.
To learn more about Anchorage, please get in touch.
About Anchorage Digital
Anchorage Digital is a 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, Porto by Anchorage Digital, and other offerings. 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.
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