The San Francisco-based crypto bank Anchorage Digital has seen a surge in its business this year, as institutions seek safer ways to store their crypto, Bloomberg has reported.
In the first quarter of 2023, Anchorage Digital’s assets under custody rose 80% compared to the prior quarter, the report said, while noting that the firm became a federally chartered crypto bank as recently as in 2021….
Read More: Anchorage Digital’s Assets Under Custody Surge Amid Increased Demand for Safe Crypto Storage