Anchorage Digital Expands into Asia with Singapore as Key Hub

Anchorage Digital Targets Asia's Institutional Investors

Anchorage Digital, a leading digital asset infrastructure provider, has announced a significant expansion into Asia, with Singapore serving as its strategic entry point. The company aims to capitalize on the growing demand from institutional investors in the region.

Strategic Choice of Singapore

Singapore was selected as the "jump point" for this expansion due to its emergence as a crypto-friendly hub with a strong regulatory framework. Anchorage Digital is currently in the process of applying for regulatory approval with the Monetary Authority of Singapore (MAS), the country's central bank.

Opportunity in Asia's Institutional Market

Anchorage Digital's co-founder and president, Diogo Mónica, highlighted the immense potential in Asia's institutional investor landscape. The region's rapidly evolving digital asset ecosystem presents a lucrative opportunity for the company to provide secure and compliant infrastructure solutions.

This expansion underscores Anchorage Digital's commitment to meeting the growing demands of institutional investors in Asia, positioning itself as a key player in the region's digital asset space.