New York Metropolis, New York, March twentieth, 2025, Chainwire
XION, a walletless blockchain bridging Web2 and Web3, introduced that Anchorage Digital, residence to the primary and solely federally chartered crypto financial institution has added asset assist for its native token. This assist, on the again of turning into the primary Title II compliant L1, gives institutional asset holders with a safe avenue to custody, stake, and commerce XION, with Anchorage Digital appearing as a compliant bridge between conventional finance and the digital asset ecosystem.
With this integration, Anchorage Digital shoppers can seamlessly purchase, maintain, stake, and handle XION belongings with out counting on conventional exchanges. The mixing streamlines institutional onboarding and ensures compliance with stringent regulatory necessities. This gives institutional asset holders safe entry to rising blockchain networks. By means of Anchorage Digital’s infrastructure, asset managers, enterprise capital companies, and ETF suppliers can now interact with the XION ecosystem whereas benefiting from a safe custodial framework.
“Offering safe entry to XION from a professional custodian opens doorways for asset managers, enterprise capital companies, and different institutional individuals to interact with the ecosystem,” mentioned Burnt Banksy, Founder at XION. “With trusted platforms like Anchorage Digital, the hole between the legacy net and the subsequent era of blockchain purposes is being narrowed.”
XION’s blockchain know-how is already in use by main world manufacturers, together with Uber, Amazon Prime, BMW, Lacoste, Marvel Rivals, and The North Face. By offering institutional-grade custody and asset administration companies, Anchorage Digital ensures that giant, regulated institutional asset holders acquire entry to the blockchain spurring mainstream adoption of Web3, whereas adhering to compliance requirements set by regulators.
Institutional traders can even stake XION straight by Anchorage Digital, permitting them to take part in community safety and gather rewards inside a regulated framework. For asset managers and enterprise companies seeking to entry XION, Anchorage Digital’s platform gives quite a lot of options for treasury administration, staking, and liquidity. By leveraging Anchorage Digital’s infrastructure, establishments can interact with XION in a managed, safe, and controlled setting.
The mixing comes at a time when institutional curiosity in digital belongings is at an all-time excessive. By including assist for XION, Anchorage Digital expands its providing to establishments in search of entry to rising blockchain networks whereas sustaining a dedication to compliance and safety.
To be taught extra concerning the integration, go to XION’s weblog right here.
About XION
XION is the primary walletless Layer 1 blockchain centered on making Web3 accessible to all customers. It achieves this by making crypto disappear by its Generalized Abstraction, simplifying complexities reminiscent of wallets, non-public keys, multi-device utilization, fuel charges, and extra. By eradicating frequent Web3 friction factors, XION accelerates the mainstream adoption of Web3 by making blockchain know-how extra accessible to customers and builders.
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About Anchorage Digital
Anchorage Digital is a world crypto platform that allows establishments to take part in digital belongings by custody, staking, buying and selling, governance, settlement, and the business’s main safety infrastructure. House to Anchorage Digital Financial institution N.A., the one federally chartered crypto financial institution within the U.S., Anchorage Digital additionally serves establishments by Anchorage Digital Singapore, which is licensed by the Financial Authority of Singapore; Anchorage Digital New York, which holds a BitLicense from the New York Division of Monetary Companies; and self-custody pockets Porto by Anchorage Digital. The corporate is funded by main establishments together with Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Sequence D valuation over $3 billion. Based in 2017 in San Francisco, California, Anchorage Digital has workplaces in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Study extra at anchorage.com, on X @Anchorage, and on LinkedIn.
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