Ondo Finance has recently shared an exciting update regarding Anchorage Digital’s inclusion of two new coins, $USDY and $OUSG. Anchorage Digital is a prominent platform and custodian within the digital currency realm, offering a range of services such as custody, governance, settlement, staking, trading, and robust security measures. This move further solidifies Anchorage Digital’s position as a leading provider of crypto solutions for institutions looking to enter the digital assets market.
The announcement from Ondo Finance highlights the addition of $USDY and $OUSG on Anchorage Digital, a regulated platform and custodian with the distinction of being the only federally chartered crypto bank in the US. With the backing of major players like Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, Anchorage Digital has become a trusted name in the crypto space, setting the gold standard for reliability and security.
Justin Schmidt, President and COO at Ondo Finance, emphasized the significance of the partnership with Anchorage Digital, noting that institutions rely on their expertise to navigate the complexities of the digital asset landscape. This collaboration allows institutions to securely participate in the network and leverage Anchorage Digital’s custody solutions.
Nathan McCauley, Co-founder & CEO of Anchorage Digital, expressed excitement about the expansion of their custody support to include $USDY and $OUSG. This development underscores Anchorage Digital’s commitment to facilitating the growth of digital assets and broadening its asset coverage as a regulated crypto custodian on a global scale.
The inclusion of $USDY and $OUSG on Anchorage Digital marks a significant milestone, enabling investors and institutions to further diversify their digital asset portfolios. This partnership highlights the increasing importance of secure custody solutions in attracting institutional adoption of cryptocurrencies and driving the integration of digital assets into capital and trading markets.
Collaborations like these play a crucial role in promoting the broader adoption and integration of cryptocurrencies in the evolving financial landscape, paving the way for a future where digital assets and innovations shape the trajectory of finance.