Anchorage Digital deepens RIA market push by acquiring unit of Securitize

The deal folds adviser-facing tools into Anchorage’s platform while allowing Securitize to remain focused on tokenizing real-world assets.

Anchorage Digital, a federally chartered digital asset bank, has acquired Securitize’s investment adviser platform as it seeks to expand its reach among institutional investors amid the growing adoption of digital assets.

Anchorage announced on Monday that it has completed the acquisition of Securitize For Advisors (SFA), a lesser-known unit of Securitize, a company best known for its work in tokenizing real-world assets. Financial terms of the deal were not disclosed.

SFA is designed for registered investment advisers (RIAs); before the acquisition, it already relied on Anchorage for custody of client assets. By bringing the adviser platform in-house, Anchorage consolidates custody, trading and adviser-facing tools within a single platform, rather than operating across separate systems.

Read more

Read Entire Article


Add a comment