Anchorage Digital deepens RIA market push by acquiring unit of Securitize
Anchorage Digital acquired Securitize For Advisors (SFA) to consolidate custody, trading, and adviser tools for institutional expansion.Summary
Anchorage Digital, a federally chartered digital asset bank, has acquired Securitize For Advisors (SFA), a unit of Securitize, to strengthen its position in the institutional investor market.
This acquisition brings SFA, which already used Anchorage for custody, in-house, allowing Anchorage to consolidate custody, trading, and adviser-facing tools onto a single platform. For Securitize, the sale allows the company to concentrate on its core real-world asset tokenization business, including its work on BlackRock's tokenized money market fund, BUIDL.
Anchorage Digital views Registered Investment Advisers (RIAs) as a crucial channel for driving crypto adoption, especially following the approval of spot Bitcoin ETFs, which lowered barriers for institutional investors accessing digital assets.
(Source：Cointelegraph)