BlackRock has chosen Anchorage Digital for crypto custody, reflecting growing market interest. With over $47 billion in crypto, including approximately $45.3 billion in Bitcoin (BTC) and $1.7 billion in Ether (ETH), it aims to strengthen its position in the digital asset market.
As the only federally chartered crypto bank in the U.S., Anchorage offers crucial services. BlackRock benefits from its expertise in digital asset staking and settlement, particularly for its $2 billion BUIDL fund focused on tokenized assets backed by U.S. Treasuries.
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