In its latest press launch, Anchorage Digital introduced being the primary custodian of the New York-based non-public fairness agency Apollo’s digital belongings.
As Apollo has over $513 billion below its asset administration, Anchorage expects holding a large share of the digital asset supervisor’s portfolio as the nation’s first nationally chartered digital asset financial institution.
Together Anchorage and Apollo are exploring inventive methods to use blockchain expertise throughout Apollo’s enterprise and safekeep shoppers belongings.
Diogo Mónica, Co-Founder and President of Anchorage Digital, mentioned, “Apollo is a leader in the alternatives industry, so their use of Anchorage’s custody platform is incredibly validating, and we expect this collaboration can set the bar for how institutions work with regulated digital asset banks like Anchorage to provide custody and other services for their crypto holdings. Being both nimble and secure with digital asset portfolios doesn’t have to be mutually exclusive–and we are confident this partnership will prove that.”
Anchorage is proud to assist Apollo’s transfer into the crypto house on the highest ranges of safety and regulation.
Compiled by Coinbold