XION Now Available On Anchorage Digital, Expanding Institutional Access To First Title II Compliant Layer 1
In Brief
Anchorage Digital now supports XION’s native token, allowing institutional asset holders to custody, stake, and trade XION, acting as a compliant bridge between TradFi and the digital asset ecosystem.
Walletless blockchain bridging Web2 and Web3 XION announced that Anchorage Digital, a federally chartered cryptocurrency bank, now supports its native token. This development follows XION’s achievement of becoming the first Title II compliant Layer 1 blockchain. As a result, institutional asset holders now have a secure way to custody, stake, and trade XION, with Anchorage Digital serving as a compliant bridge between traditional finance and the digital asset ecosystem.
“Providing secure access to XION from a qualified custodian opens doors for asset managers, venture capital firms, and other institutional participants to engage with the ecosystem,” said Burnt Banksy, Founder of XION, in a written statement. “With trusted platforms like Anchorage Digital, the gap between the legacy web and the next generation of blockchain applications is being narrowed,” he added.
With this integration, clients of Anchorage Digital can easily acquire, hold, stake, and manage XION assets without needing to depend on traditional exchanges. This integration simplifies the onboarding process for institutional clients while ensuring adherence to strict regulatory standards. It offers secure access to emerging blockchain networks for institutional asset holders. By leveraging Anchorage Digital’s infrastructure, asset managers, venture capital firms, and exchange-traded fund (ETF) providers are now able to interact with the XION ecosystem within a secure custodial framework.
Anchorage Digital Enables Institutional Investors To Stake XION, Offering Tailored Solutions For Treasury Management, Staking, And Liquidity
XION’s blockchain technology is already being utilized by global brands such as Uber, Amazon Prime, BMW, Lacoste, Marvel Rivals, and The North Face. Anchorage Digital plays a key role in providing institutional-grade custody and asset management services, which allow large, regulated institutional asset holders to access the blockchain, thus contributing to the broader adoption of Web3, all while ensuring compliance with regulatory standards.
Institutional investors can directly stake XION through Anchorage Digital, giving them the opportunity to participate in securing the network and earning rewards, all within a regulated framework. For asset managers and venture capital firms seeking exposure to XION, Anchorage Digital offers a range of solutions tailored to treasury management, staking, and liquidity needs. By utilizing Anchorage Digital’s platform, institutions can engage with the XION ecosystem in a controlled, secure, and compliant environment.
By adding support for XION, Anchorage Digital enhances its offerings to institutions looking to gain access to emerging blockchain networks while maintaining a strong focus on security and regulatory compliance.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
