Anchorage Digital has announced that it will offer investment giant BlackRock its array of institutional cryptocurrency custody solutions. The custody service provider will extend its services to a range of BlackRock’s spot crypto exchange-traded funds (ETFs) as part of the deal.
Anchorage and BlackRock Forge Partnership For Crypto Custody Solutions
According to the press release, Anchorage Digital says it is deepening its existing partnership with BlackRock by providing the investment behemoth with a slew of digital asset custody services. Per the announcement, the custody service will extend to cover rising retail and institutional demand for BlackRock’s crypto offerings.
BlackRock has tapped Anchorage Digital to occupy the role of an additional custodian for its range of spot crypto ETPs. Furthermore, Anchorage Digital will rehash its role as custodian in BlackRock’s sprawling fund empire with exposure to cryptocurrencies.
Under the arrangement, Anchorage will provide custodi
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