BlackRock Deepens Crypto Footprint, Names Anchorage Digital as Additional Custodian

BlackRock, the world’s largest asset manager, is expanding its digital asset infrastructure by partnering with Anchorage Digital, the only U.S. federally chartered digital asset bank.

Anchorage Digital will now serve as an additional custodian for BlackRock’s growing suite of cryptocurrency exchange-traded products (ETPs) and other funds providing exposure to digital assets, according to an announcement on Tuesday.

This deepening of the relationship builds upon Anchorage Digital’s existing support for BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). Following what the announcement described as a “thorough evaluation,”

“As demand for digital asset products increases, and as our footprint in the ecosystem grows, we…

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