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Anchorage Digital

B-
OCC-Chartered Crypto BankSPOFInstitutions & Stablecoin Issuers

Anchorage Digital is the first OCC-chartered crypto bank in the US. It provides institutional custody, staking, trading, and settlement services. Anchorage custodies digital assets including stablecoin reserves for issuers, with banking-grade compliance and security infrastructure.

70
Custody & SecurityEase of UseFeesFeaturesTransparencySupport
Score Breakdown
Custody & Security35% weight
72
Ease of Use20% weight
65
Fees15% weight
60
Features10% weight
75
Transparency10% weight
72
Support10% weight
70
Assessment
Key Strength

First OCC-chartered crypto bank. Custodies stablecoin reserves for multiple issuers. SOC 1 & 2 compliant. Banking-grade custody infrastructure for digital assets.

Primary Risk

Does not use multisig — relies on proprietary key management. Single institutional custodian. Premium pricing limits access. OCC charter is novel and untested in stress scenarios.

Pros
  • +Highest-grade US regulatory charter (OCC)
  • +SOC 1 & SOC 2 certified
  • +Banking-grade infrastructure
  • +Multi-asset custody
Cons
  • -No multisig key management
  • -Premium institutional pricing
  • -Complex onboarding
  • -Single entity custody
Custody Features
Multisig
Multi-Institution
No Single Point of Failure
Segregated Accounts
Proof of Reserves
Insurance
Regulated Custodian
No Physical Exposure
Multi-Jurisdiction
Inheritance
Segregated Insurance
IRA
Lending
Buy/Sell
Dynasty Trusts
Fees
Custom institutional pricing
MinimumInstitutional
Security
Key Management
Proprietary secure enclave technology
SOC Compliance
SOC 1 Type 2, SOC 2 Type 2
Penetration Testing
Insurance & Regulatory
Qualified Custodian
Jurisdiction
United States
Licenses
OCC National Trust Bank Charter, SEC Registered Investment Advisor