Anchorage Digital Adds XION Support for Institutional Investors

Anchorage Digital, the first and only federally chartered cryptocurrency bank, has expanded its institutional offerings by adding support for xion, the native token of a blockchain focused on bridging Web2 and Web3. This move allows institutional investors to seamlessly acquire, hold, and manage their XION assets without relying on traditional exchanges. The integration of XION into Anchorage Digital's platform follows XION's milestone of becoming the first Title II-compliant Layer-1 (L1) blockchain, providing institutional asset holders with a safe and regulated way to hold, stake, and trade XION.

The partnership between Anchorage Digital and XION simplifies institutional onboarding and ensures compliance with evolving regulatory frameworks. This collaboration helps promote blockchain technology as a legitimate tool in mainstream finance. Burnt Banksy, Founder of XION, highlighted the significance of this integration, stating that it opens doors for asset managers, venture capital firms, and other institutional participants to engage with the XION ecosystem. With trusted platforms like Anchorage Digital, the gap between the legacy web and the next generation of blockchain applications is being narrowed.

XION’s blockchain infrastructure has already been adopted by a number of prominent brands and projects, including Uber, Amazon Prime, BMW, Marvel Rivals, Lacoste, and The North Face. By providing institutional-grade custody solutions, Anchorage Digital is helping regulated, traditional financial entities make their initial moves in the Web3 space while maintaining compliance with industry standards. Institutional investors can also stake XION through Anchorage Digital, contributing to network security and earning rewards within a compliant framework.

Asset managers and venture firms seeking exposure to XION will benefit from Anchorage Digital’s treasury management, staking, and liquidity solutions. By adopting XION and expanding its reach in a diverse range of industries, Anchorage Digital ensures it remains one of the key links between traditional and decentralized finance (DeFi). This strategic move not only enhances Anchorage Digital's service offerings but also positions it as a leader in bridging the gap between traditional finance and the emerging blockchain ecosystem.

Anchorage Digital's support for XION allows institutional investors to custody, stake, and trade the asset securely, further increasing regulated access to digital assets. This integration enables institutional onboarding in an effective way while maintaining a safe custodial setup for handling digital assets. The platform offers a variety of treasury management, staking, and liquidity services aimed at enabling institutions to navigate digital assets securely.

With institutional demand for digital assets at an all-time high, Anchorage Digital’s integration of XION increases opportunities for regulated financial institutions looking to gain exposure to blockchain technology. The addition of XION is part of the company’s mission to offer secure and compliant digital asset services, allowing institutions to participate with confidence in nascent blockchain networks.