BlackRock Expands Crypto Custody with Anchorage Digital

BlackRock, the world's largest issuer of spot crypto ETPs, has expanded its custodial services by selecting Anchorage Digital as an additional custodian for its spot crypto ETPs and other crypto asset exposures. This strategic move, announced on April 8, 2025, allows BlackRock to leverage Anchorage's digital asset custody services, staking services, settlement services, and on-chain governance solutions.

Anchorage Digital Bank N.A. has been designated as the additional custodian, providing BlackRock with a robust framework to manage its extensive crypto asset portfolio. As of April 3, 2025, BlackRock manages assets worth $500 billion, underscoring the significance of this partnership in the evolving landscape of digital assets.

This collaboration is a major strategic move for BlackRock, enhancing its ability to offer secure and efficient custody solutions for its clients. By integrating Anchorage's services, BlackRock can better navigate the complexities of digital asset management, ensuring that its spot crypto ETPs and other crypto asset exposures are handled with the utmost security and reliability.

Anchorage's comprehensive suite of services, including digital asset custody, staking, settlement, and on-chain governance, provides BlackRock with the tools necessary to maintain its leadership position in the crypto ETP market. This partnership not only strengthens BlackRock's operational capabilities but also reinforces its commitment to innovation and client satisfaction in the digital asset space.