Anchorage Digital to Provide Custody Services for MHC Digital Group's Institutional Trading Platform

Anchorage Digital has been selected by Australia's MHC Digital Group to serve as its digital asset custodian for MHC Markets. The partnership aims to bolster MHC's custody infrastructure ahead of Australia's incoming regulatory framework. Anchorage Digital is a U.S.-based digital asset platform with a national trust charter from the Office of the Comptroller of the Currency, making it the only federally regulated cryptocurrency bank in the country.

Title: Anchorage Digital Bolsters MHC Digital Group's Custody Infrastructure for Australian Digital Assets

July 02, 2025

MHC Digital Group has announced a strategic partnership with Anchorage Digital to serve as its digital asset custodian for MHC Markets. This collaboration aims to strengthen MHC's custody infrastructure ahead of Australia's anticipated regulatory framework for digital assets. Anchorage Digital, a U.S.-based digital asset platform, holds a national trust charter from the Office of the Comptroller of the Currency, making it the only federally regulated cryptocurrency bank in the country [2].

The partnership will provide Australian funds, super funds, family offices, and corporates with regulated access to digital assets, aligning with emerging local prudential standards [2]. Mark Carnegie, Founder of MHC Digital Group, underscored the importance of this move, stating, "This tie-up positions MHC ahead of domestic rule-making and allows us to store client assets under controls broadly aligned with the prudential framework expected to emerge in Australia" [2].

Anchorage Digital's status as a national trust bank subjects it to U.S. capital, audit, and supervisory standards. This regulatory compliance is a significant advantage, particularly as Australia's major banks are beginning to explore the crypto space. Carnegie noted, "It is a first-class operator and, while the Australian regulators and the financial community try to pretend that the world’s not changing because of crypto, given what’s happening in America, you know this change is inevitable" [2].

This strategic move follows the recent U.S. actions regarding crypto assets and stablecoins, including the passage of the GENIUS Act, which focuses on stablecoin regulation, and the Clarity Act, which outlines a framework dividing crypto oversight between the SEC and the CFTC. These developments should serve as a wake-up call to Australia's financial sector, which has been slower to adopt crypto regulations [2].

The partnership between MHC Digital Group and Anchorage Digital positions MHC ahead of the curve, offering its clients a secure and compliant way to hold and manage their digital assets. As Australia's regulatory landscape evolves, this partnership is likely to become increasingly valuable, providing a bridge between traditional finance and the growing digital asset market.

References

[1] https://dailyhodl.com/2025/07/26/arthur-hayes-backed-altcoin-outpaces-crypto-market-amid-launch-of-new-partnership-with-anchorage-digital/
[2] https://cryptonews.com.au/news/afr-carnegie-opens-crypto-gate-for-super-funds-and-family-offices-130053/
[3] https://crypto-economy.com/anchorage-digital-launches-institutional-stablecoin-platform-what-is-it-about/
[4] https://coinmarketcap.com/community/articles/688371ba32b65702e7fcff7b/