Anchorage Digital Acquires Securitize Platform in Crypto Wealth Management Consolidation

Anchorage Digital Expands Wealth Management

  • Anchorage Digital, the first federally chartered crypto bank in the US, acquired Securitize For Advisors (SFA), a platform aimed at registered investment advisors (RIAs).
  • The acquisition aligns with Anchorage's strategy to enhance its regulated stablecoin and custody business.
  • SFA has seen significant growth, increasing deposits and assets under management by over 4,500% in the past year.
  • 99% of client assets were already custodied at Anchorage Digital Bank, making this a consolidation rather than a new venture.

Institutional Strategy and Developments

  • Anchorage is expanding support for digital assets, adding 25 more for institutional clients.
  • The firm maintains a valuation above $3 billion and is focusing on stablecoin operations and institutional DeFi access.
  • They launched Anchorage Digital Ventures to target Bitcoin (BTC), real-world assets (RWAs), and decentralized identity projects.
  • Anchorage remains the only crypto-native firm with a federal banking charter and key licenses like New York's BitLicense.

Securitize Focuses on Tokenization

  • Post-acquisition, Securitize shifts focus to tokenizing real-world assets, managing over $4 billion in tokenized assets.
  • It collaborates with major firms such as Apollo and BlackRock on tokenized funds and private credit products.
  • Securitize secured regulatory approval for a tokenized securities trading platform in the EU.
  • Plans to go public through a SPAC deal valued at $1.25 billion, intending to tokenize its equity.

The Anchorage-SFA acquisition provides RIAs with a direct, regulated path into digital assets, potentially simplifying compliance and operational risk management.