Digital Asset Infrastructure / Institutional Cryptocurrency Services
Strategic Profile
Anchorage Digital serves many of the largest and most prestigious institutions, securing tens of billions of dollars in digital assets. As a custodian for financial institutions, banks, venture capital firms, fintechs, and governments, it uses biometric authentication and hardware security modules for storing and securing cryptocurrency, while also providing lending, trading, and infrastructure services.
Cyborg Score Rationale
Anchorage Digital received its federal banking charter in 2021, making it the first federally chartered cryptocurrency bank in the United States. The company combines regulatory authority with institutional-grade infrastructure and supports 400+ digital assets, positioning it as a critical piece of institutional crypto adoption infrastructure.
Top Insights
Tether invested $100 million in Anchorage Digital (February 2026), raising the company's valuation to $4.2 billion.
Anchorage Digital operates three regulated entities: Anchorage Digital Bank (federally chartered), Anchorage Digital Singapore (licensed by Monetary Authority of Singapore), and Anchorage Digital New York (BitLicense holder).
By end of 2024, Anchorage supported more than 400 digital assets.
The company was contracted by the US Department of Justice to be custodian for all digital assets seized or forfeited in criminal cases.
Named Competitors
Coinbase Prime — Institutional crypto custody and trading platform
Kraken Institutional — Institutional-grade crypto exchange and custody services
Fidelity Digital Assets — Traditional financial services custody for digital assets