Hashnote, a leading digital asset manager, has forged a strategic alliance with crypto custody specialist Anchorage Digital to deliver secure investment opportunities for institutional clients. This collaboration seamlessly integrates Anchorage’s robust custody services with Hashnote’s sophisticated derivative strategies.
Announced recently, the partnership aims to bolster security and minimize counterparty risks associated with institutional investments in crypto assets. By leveraging Anchorage’s trusted custody solutions and Hashnote’s expertise in derivatives, the collaboration provides a secure environment conducive to generating yields. Hashnote highlighted that anchoring assets within Anchorage’s secure custody, combined with strategic derivative maneuvers, offers institutional investors unparalleled peace of mind.
Hashnote, renowned for its regulatory compliance and tailored institutional-grade digital asset investment solutions, caters to a diverse range of investment needs. These include cash management via interest-bearing products, crypto yield strategies, hedging mechanisms, and long token funds. The platform holds registrations with both the U.S. Commodity Futures Trading Commission (CFTC) and the Cayman Islands Monetary Authority (CIMA).
Anchorage Digital, a federally chartered cryptocurrency bank in the U.S., specializes in comprehensive digital asset financial services tailored explicitly for institutions. Their offerings encompass custody services, staking, governance participation, round-the-clock trading, and lending facilities. Anchorage distinguishes itself through advanced security measures such as biometric authentication, behavioral analytics, and hardware security modules, ensuring the protection of digital assets.
"This partnership addresses a critical need for institutions aiming to maximize yields on their crypto investments while prioritizing security," Hashnote stated on the social media platform X. Notably, Hashnote recently partnered with Paxos in late March to integrate Paypal USD (PYUSD) into its yield-bearing USYC, aiming to meet the evolving demands of market makers, traders, and institutional clients.
Nathan McCauley, CEO and co-founder of Anchorage, emphasized the growing institutional interest in diverse engagement options within the crypto economy. "Institutions are increasingly seeking safe and secure avenues to participate in digital assets," McCauley remarked. "Anchorage Digital's commitment to security makes us an ideal partner for Hashnote as they launch their crypto derivatives program."
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