BlackRock Teams Up with Anchorage Digital for Crypto Custody Services

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BlackRock has appointed Anchorage Digital as a crypto custodian due to increasing demand for crypto adoption.

As the only US federally chartered digital asset bank, Anchorage Digital will support BlackRock’s spot crypto ETPs and funds.

This partnership grants BlackRock access to digital asset custody, staking, settlement, and on-chain governance through Anchorage Digital. Robert Mitchnick, BlackRock’s head of digital assets, stated:

“After a thorough evaluation, Anchorage Digital clearly meets these standards, and we are excited to expand our network of eligible digital asset service providers with their addition.”

Nathan McCauley, CEO and co-founder of Anchorage Digital, commented, “As BlackRock continues to bridge digital assets and traditional finance, we are excited by the opportunity to set a new standard for tailored access to the digital asset class.”