Anchorage Digital Receives New York BitLicense
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Today, Anchorage Digital—the leading crypto platform for institutions—is excited to announce that the New York State Department of Financial Services (NYDFS) has approved our subsidiary, Anchorage Digital NY, LLC, for a BitLicense. The addition of BitLicense-regulated trading means Anchorage Digital can offer institutions in New York State secure and cost-efficient trading with a new level of efficiency with full capabilities expected in early 2025.
“Receiving a BitLicense is a major step forward for Anchorage Digital and the digital asset industry as a whole. Bringing regulated and efficient crypto trading to clients based in New York marks the latest in our journey to build the best regulatory and technical stack for institutions in crypto. We look forward to continued collaboration with regulators including NYDFS to meet growing client demand for secure, regulated digital asset solutions.”
— Nathan McCauley, CEO and Co-Founder of Anchorage Digital
A regulatory pioneer, Anchorage Digital has one of the only agency trading desks to receive a BitLicense from NYDFS. Our agency trading desk enables NY-domiciled clients to take advantage of deep liquidity and cost effective trading from a regulated entity. Now, institutions based in New York can access Anchorage Digital NY's safe, regulated crypto trading with competitive pricing.
BitLicense approval will allow Anchorage Digital to work with more New York-based institutions, including registered investment advisors (RIAs) and large institutional asset managers. The new approval means the most trusted brand in crypto can offer regulated crypto trading to NY clients, and the ability to custody and settle trades through a clear-cut qualified custodian in the form of Anchorage Digital Bank N.A.—a combination that provides regulatory certainty across the entire trading lifecycle.
To learn more about BitLicense-regulated trading from Anchorage Digital, please visit https://www.anchorage.com/platform/trading and see NYDFS BitLicense information here.
Press Contacts: Anchorage Digital - press@anchorage.com
About Anchorage Digital
Anchorage Digital is the proven infrastructure layer for modern financial markets that gives institutions a single platform to participate in digital assets, including prime services, tokenization, stablecoins, and the governance framework for agentic finance. Home to Anchorage Digital Bank N.A., America’s first federally regulated digital asset bank, Anchorage Digital also serves institutions through Anchorage Digital Singapore, licensed by the Monetary Authority of Singapore; Anchorage Digital NY, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. Anchorage Digital Bank also offers fiat custody services through an FDIC-insured, licensed sub-custodian. Anchorage Digital is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with a valuation of $4.2 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, X, YouTube, and LinkedIn.
Press Contacts:
Anchorage Digital
press@anchorage.com
This post is intended for informational purposes only. It is not to be construed as and does not constitute an offer to sell or a solicitation of an offer to purchase any securities in Anchor Labs, Inc., or any of its subsidiaries, and should not be relied upon to make any investment decisions. Furthermore, nothing within this announcement is intended to provide tax, legal, or investment advice and its contents should not be construed as a recommendation to buy, sell, or hold any security or digital asset or to engage in any transaction therein.
Anchorage Digital Bank National Association offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian.
