In a significant move within the financial services industry, Anchorage Digital and Eaglebrook Advisors have joined forces to offer wealth managers and financial advisors streamlined access to crypto Separately Managed Account (SMA) solutions. Anchorage Digital, the pioneer in institutional crypto services, and Eaglebrook Advisors, one of the largest SEC-registered crypto SMA platform providers, are set to usher in a new era of regulated access to digital assets.
This strategic partnership ensures financial advisors have secure access to digital assets through Anchorage Digital Bank, the United States’ only OCC-chartered digital asset bank that meets the SEC’s stringent standards for a qualified custodian. In the wake of the recent SEC custody proposal, this collaboration reinforces the critical importance of safeguarding digital assets with a qualified custodian.
Nathan McCauley, Co-Founder and CEO of Anchorage Digital, emphasized the significance of this partnership, stating, “We are proud to work with industry leaders like Eaglebrook as RIAs continue to turn to Anchorage Digital for safe, secure, and regulated crypto custody.”
Eaglebrook’s Crypto SMA platform empowers financial advisors to seamlessly allocate professionally managed digital asset investment strategies while providing a comprehensive suite of services, including onboarding, investment execution, trading, account management, and performance reporting via a unified Advisor Portal.
Additionally, asset managers on Eaglebrook’s platform, including industry giants like Franklin Templeton, Bitwise, Global X, and ARK Invest, will be able to launch their SMA strategies on Anchorage Digital, further expanding the reach and capabilities of the partnership.
Anchorage Digital’s reputation as a regulated crypto platform offering integrated financial services and infrastructure solutions makes it a formidable force in the digital asset custody landscape. With the only federally chartered crypto bank in the United States, and an equivalent branch in Singapore, Anchorage Digital stands out for its unique combination of secure custody, regulatory compliance, and platform capabilities.
This collaboration is not only a testament to the growing influence of digital assets within the financial industry but also a clear sign that institutional interest in cryptocurrencies is reaching new heights. Anchorage Digital, backed by notable institutions including Andreessen Horowitz, Goldman Sachs, and Visa, is well-positioned to continue driving innovation and security in the crypto sector, with a current valuation exceeding $3 billion.
Founded in 2017, Anchorage Digital is headquartered in San Francisco, with a presence in New York, Porto, Singapore, and Sioux Falls. This partnership marks a significant step toward providing wealth managers with the tools and resources needed to navigate the increasingly complex world of digital assets while ensuring the highest standards of security and regulation.
