Anchorage Digital to Support FLOW Custody and Staking
Anchorage Digital is pleased to announce custody and staking support for Flow (FLOW). For as long as Anchorage has existed, it has been our goal to enable institutional participation in any network that meets our standards for quality, security, and compliance. We’re proud to add FLOW to our list of assets and to help better facilitate institutional adoption of emerging protocols.
“Flow was designed from the ground up with the consumer audience in mind, offering a best-in-class user experience the general public expects from modern platforms. That is why we’re very pleased to have the support of Anchorage Digital, giving institutional participants in the Flow network custody and staking solutions that are both secure and seamless.”
—Mickey Maher, senior vice president partnerships at Flow
Flow has several unique properties that set it apart from other crypto networks. Flow’s architecture is designed to support broad network consensus participation without compromising scalability, usability and environmentally-friendly features. Additionally, the Flow Client Library (FCL) enables developers to easily support an array of compatible wallets with a single line of code that supports custodial or self-sovereign, hardware or software, mobile or desktop wallets. Flow offers both an innovative platform and the developer ergonomic tooling with smart contract language Cadence to bring the next wave of innovation at scale.
From Filecoin, to Oasis, to Celo, and now Flow, Anchorage Digital has become a trusted launch partner for the protocols working tirelessly to push the industry forward. If you’re holding or plan to hold FLOW or want to learn more about Anchorage, please get in touch.
About Flow Blockchain
Flow is a next-generation blockchain, recognized for its unique combination of scalability, usability, and environmentally sustainable features. Based on a novel architecture developed by the first NFT standard inventor and Dapper Labs CTO Dieter Shirley, the Flow architecture is designed to make it easier for developers to build consumer-friendly applications on the blockchain, including NFTs. Flow is an open source platform anyone can develop on. The FLOW token is trading on public exchanges outside of the US and Canada.
About Anchorage Digital
Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through trading, staking, custody, governance, settlement, stablecoin issuance, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the only federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is 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 principal trading services offered through A1 Ltd. Anchorage Digital agency trading services offered to N.Y. clients exclusively through Anchorage Digital New York. Recently, through the enactment of GENIUS, Anchorage Digital Bank became the only U.S., federally regulated and GENIUS-compliant stablecoin issuer bank. The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 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, on X @Anchorage, and on LinkedIn.
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.
