Anchorage Digital (crypto bank)

Federally chartered crypto bank offering custody, trading, staking and stablecoin issuance to institutions.

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Facts checked Sep 26, 2026

Anchorage Digital key facts

CategoryCrypto infrastructure for businesses
PlatformsWeb, API
CompanyAnchor Labs, Inc.; founded 2017 in San Francisco
LaunchedFederal bank charter granted 2021
PricingPorto self-custody: Starter $750/mo, Advanced $1,500/mo, Enterprise custom; custody and trading fees not published
Security auditsSOC 1 and SOC 2 Type II audited controls
US availabilityAvailable in the US
About

What is Anchorage Digital?

Anchorage Digital is a crypto platform for institutions offering custody, trading, staking, USD banking and stablecoin issuance. In 2021 it became the first crypto-native company granted a federal bank charter. Founded in 2017 in San Francisco, it also runs a New York BitLicense entity, a Singapore-licensed arm and the Porto self-custody wallet.

How Anchorage Digital works

Anchorage Digital splits its services across legal entities.

Custody, settlement, staking and governance run through Anchorage Digital Bank National Association, the OCC-chartered bank. Spot trading is provided by Anchorage Hold LLC, agency trading in New York by Anchorage Digital NY, LLC under BitLicense #0000041, and introducing-broker services by Anchorage Services, LLC, NFA ID 0532710. Keys sit in hardware security modules, and each transaction is approved with biometrics on enrolled devices, so private keys are not exposed during signing.

Staking happens from the same segregated custody wallets. The staking page says tokens are never pooled or rehypothecated, rewards are claimed and restaked automatically, and you can stake through Anchorage Digital Bank, a vetted partner validator or your own validator across 20+ networks, including Ethereum, Solana, Hyperliquid and Avalanche. The Prime desk adds algorithmic spot orders across 400+ assets, derivatives across 200+ assets and margin financing, settled through the Atlas settlement network without pre-funding.

Porto is the self-custody product for DeFi. Keys stay in HSM hardware, approvals are multi-party and biometric, and a browser extension connects to dApps and shows a human-readable simulation of what a contract call will do before you sign. Porto supports ERC-20 and SPL tokens plus select non-EVM chains such as Bitcoin, Sui and Cosmos. Instead of a seed phrase, it uses an institutional recovery process, and transfers can be limited to allowlisted addresses after quorum approval.

How to start with Anchorage Digital

  1. Anchorage serves institutions and, in limited circumstances, certain high net worth individuals.
  2. Some trading services require you to qualify as an Eligible Contract Participant under CFTC rules.
  3. You start with the Get in touch form, which asks for your institution type and country of business; Porto also has a direct Sign up option.
  4. Singapore clients are onboarded through Anchorage Digital Singapore Pte Ltd, a Major Payment Institution licensed by the Monetary Authority of Singapore.

Anchorage Digital fees and limits

  • Starter costs $750 per month, or $7,650 paid upfront for a year, for a monthly average balance under $1 million, up to 3 users and unlimited transactions.
  • Advanced costs $1,500 per month or $15,300 a year, for balances under $10 million, up to 5 users and 25 sub-accounts.
  • Above $10 million the price is custom, with unlimited users and a dedicated account manager.

Fees for custody, trading and staking are set per client and are not published. Porto has a public price list.

Risks to know before using Anchorage Digital

  • Anchorage's disclosures state that digital assets in custody are not guaranteed by the bank and are not covered by FDIC or SIPC insurance.
  • Custody is segregated and described as bankruptcy-remote, and internal controls are covered by SOC 1 and SOC 2 Type II audits.
  • Anchorage Digital is not registered with the SEC as a broker-dealer and does not offer securities trading.
  • Stablecoin rewards in Porto are paid by an affiliate, Anchorage Digital Neo, Ltd., under separate terms you must accept.
Crypto infrastructure for businessesCustodialWebAPI

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Where Anchorage Digital ranks on DappAtlas

Anchorage Digital pros and cons

Pros
  • First crypto-native company with a federal bank charter (2021)
  • USD accounts, wires and ACH from a chartered bank
  • Stablecoin issuance for banks and companies
Cons
  • Institutional clients only
  • Custody and trading fees are not published
  • Services are split across several subsidiaries

Anchorage Digital FAQ

What is Anchorage Digital?

Anchorage Digital is a crypto platform for institutions offering custody, trading, staking, USD banking and stablecoin issuance. In 2021 it became the first crypto-native company granted a federal bank charter. Founded in 2017 in San Francisco, it also runs a New York BitLicense entity, a Singapore-licensed arm and the Porto self-custody wallet.

How much does Anchorage Digital cost?

Porto self-custody: Starter $750/mo, Advanced $1,500/mo, Enterprise custom; custody and trading fees not published, according to Anchorage Digital’s own page (checked Sep 26, 2026).

Is Anchorage Digital available in the US?

Available in the US, according to Anchorage Digital’s own page (checked Sep 26, 2026).

Does Anchorage Digital hold my funds?

Yes. Anchorage Digital is custodial: it holds the keys to your balance.

Sources

  1. Anchorage Digital: official site
  2. Anchorage Digital: About
  3. Anchorage Digital: Regulatory leadership
  4. Anchorage Digital: Porto self-custody
  5. Anchorage Digital: Custody
  6. Anchorage Digital: Legal
  7. Anchorage Digital: Staking
  8. Anchorage Digital: Prime trading and financing
  9. Anchorage Digital: Terms and disclosures

How this page works

Sources: Anchorage Digital: official site, Anchorage Digital: About, Anchorage Digital: Regulatory leadership. Data as of Sep 26, 2026.

How we review

Not affiliated with any project listed. Educational content, not financial advice.