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New crypto protocols are increasingly focused on platform security from their onset, knowing that trust is key to standing out and building critical momentum at launch. It should come as no surprise, then, that they are increasingly partnering with Anchorage Digital–the trusted digital asset platform for institutions. The latest such partnership, with Agoric, looks to change the game by balancing impregnable security with broad-based accessibility.
“We pride ourselves on our engineering commitment. It’s what allows our institutional clients early access to emerging technologies and new, exciting protocols. With Agoric, they can do so confidently–knowing that we’ve laid the groundwork for secure custody and staking that meets the standard they’ve grown to expect from Anchorage Digital. Best of all, they can do so right when the Agoric JavaScript stack launches.”
— Diogo Mónica, Co-Founder and President, Anchorage Digital
Agoric, a layer-1, proof-of-stake blockchain, is part of the Cosmos ecosystem. Widely lauded for its potential to serve as a developer on-ramp to crypto, Agoric utilizes smart contracts written in the popular programming language JavaScript, a key differentiator for the chain that lends it mass appeal. The BLD token is used to reward validators and their delegators for their work, assuring the network stays secure and decentralized, and will be the asset held in custody and staked by Anchorage Digital on behalf of our institutional clients.
Anchorage Digital will also provide the Agoric treasury with custody, bringing the security guarantees of a regulated and sophisticated technical partner to its community.
“We are delighted that Anchorage Digital will offer secure and efficient custody for Agoric BLD. This enables our community of developers and institutional partners to focus on building our ecosystem.”
— Dean Tribble, CEO of Agoric
If you’d like to learn more about our offerings at Anchorage Digital–including how to participate in new and promising blockchains like Agoric–please get in touch.
About Agoric
A layer 1 Proof-of-Stake public blockchain and smart contract platform, Agoric is designed to enable developers to rapidly build safe smart contracts in the most popular programming language on the planet, JavaScript. Agoric can quickly bring millions of developers to the DeFi frontier with a safe, stable environment that developers need to build, deploy, and operate sophisticated Dapps, NFTs, and DeFi markets. The design of Agoric benefits from over 30 years of experience building distributed electronic markets and financial services.
About Anchorage Digital
Anchorage Digital is a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions. With the first federally chartered crypto bank in the US, Anchorage Digital offers institutions an unparalleled combination of secure custody, regulatory compliance, product breadth, and client service. Founded in 2017, Anchorage Digital is valued at over $3 billion with funding from leading institutions including Andreessen Horowitz, GIC — Singapore’s sovereign wealth fund, Goldman Sachs, KKR, and Visa. Headquartered in San Francisco, California, Anchorage Digital is remote-friendly with offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on Twitter @Anchorage, and on LinkedIn.
Press Contacts:
Anchorage Digital
Agoric
This post is intended for informational purposes only. It is not to be construed as and does not constitute an offer to sell or a solicitation of an offer to purchase any securities in Anchor Labs, Inc., or any of its subsidiaries, and should not be relied upon to make any investment decisions. Furthermore, nothing within this announcement is intended to provide tax, legal, or investment advice and its contents should not be construed as a recommendation to buy, sell, or hold any security or digital asset or to engage in any transaction therein.
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