Apollo Custodies First Digital Asset Holdings With Anchorage Digital

Anchorage Digital is pleased to share that Apollo (NYSE: APO), a leading alternative asset manager, has chosen Anchorage Digital as a qualified custodian to safely store crypto assets. As the nation’s first federally chartered digital asset bank, we expect to custody a significant portion of the alternative asset manager’s digital asset portfolio.

“Apollo is a leader in the alternatives industry, so their use of Anchorage Digital’s custody platform is incredibly validating, and we expect this collaboration can set the bar for how institutions work with regulated digital asset banks like Anchorage Digital to provide custody and other services for their crypto holdings. Being both nimble and secure with digital asset portfolios doesn’t have to be mutually exclusive–and we are confident this partnership will prove that.”

— Diogo Mónica, Co-Founder and President, Anchorage Digital

“We were drawn to working with Anchorage Digital given their commitment to operating under strict regulatory oversight, their strong emphasis on security and segregation of client assets, and their ease of use for asset managers to hold digital tokens. As we explore creative ways to apply blockchain technology across Apollo’s business, we look forward to collaborating with Anchorage Digital for the safekeeping of client assets.”

— Adam Eling, COO of Digital Assets, Apollo

If you’d like to learn more about our offerings at Anchorage Digital, please get in touch.

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

press@anchorage.com

Apollo

Communications@apollo.com

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.