Porto: The Self-Custody Wallet for Institutions
We are pleased to share that in 2024, Anchorage Digital, the industry leader in secure institutional custody, will offer Porto, the first truly institutional-grade wallet with a proven security architecture.
We are now accepting waitlist registrations at porto.xyz.
Introducing Porto by Anchorage Digital:
A new standard in self-custody built exclusively for institutions
Currently, when it comes to completing smart contract interactions in rapid time or connecting to dApps, users select cumbersome options from multiple tools. On top of that, none of these options meet the benchmark set by Anchorage Digital’s proven security architecture. Now, with Porto, users can access the security and experience of Anchorage Digital to safeguard and participate in crypto self-custody.
Porto bridges the gap in today’s market for an institutional-grade wallet built with the same security architecture that fuels Anchorage Digital’s unrivaled technology. Porto leverages our proprietary hardware security module (HSM)-based custody technology, combining cryptographic integrity with a policy engine powered by FIPS-140-2 so that users have fast and secure access to the crypto ecosystem. Users benefit from Anchorage Digital’s proprietary methods of organization and asset recovery. Our approach further mitigates security risks compared to products in the market that require seed phrases and key shard management.
With Porto, institutions can:
- Interact via an intuitive mobile app and web dashboard
- Set up tailored policies and permissions
- Perform Ethereum smart contract interaction including for ERC-20s and ERC-721s
- Connect to any Ethereum dApp through WalletConnect
- Buy, sell, and hold all Ethereum tokens and NFTs
- Directly perform governance voting, trading, staking, and reward-claiming
These are just a few of the ways users can access the latest developments in crypto.
Safe and secure access for institutions
This model is in high demand among protocols, VC firms, and asset managers, but to date, no other wallet on the market offers the peace of mind that comes with the same institutional-grade security framework as that of Anchorage Digital.
Since our inception, institutions have sought our security-first approach, where assets are held offline 100% of the time, the risk of human error is mitigated, and they have the control to self-direct transactions.
Porto allows use of the same security architecture, and we believe that more ways to use Anchorage Digital technology will not only accelerate institutions’ ability to participate in smart contract interactions, but strengthen the ecosystem as a whole.
With Porto, we welcome more institutions of varying sizes and needs to access the changing world of crypto to direct transactions with speed and agility where they can quickly deploy assets into smart contracts and new protocols. Welcome to Porto.
To join the waitlist for Porto, please visit porto.xyz.
Products and software are provided by Anchorage Innovations, LLC (“Anchorage Innovations”). Anchorage Innovations is not a custodian, is not registered with the SEC or any other government authority and is not authorized to engage in the business of the offer, sale or trading of securities. Anchorage Innovations does not provide legal, tax, or investment advice.
Holdings of cryptocurrencies and other crypto assets are speculative and involve a substantial degree of risk, including the risk of complete loss of monetary value. Anchorage Innovations does not own, control, nor is it responsible for any blockchain protocols, and users are solely responsible for any transactions that engage with blockchain protocols, including but not limited to staking, governance, or any other on-chain activities.
About Anchorage Digital
Anchorage Digital is a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions. With the only federally chartered crypto bank in the US, as well as Anchorage Digital Singapore, which offers equivalent security and service standards, Anchorage Digital delivers an unparalleled combination of secure custody, regulatory compliance, and platform capabilities. The company is funded by leading institutions including Andreessen Horowitz, GIC—Singapore’s sovereign wealth fund, Goldman Sachs, KKR, and Visa, with its most recent Series D valuation over $3 billion. Founded in 2017, Anchorage Digital is headquartered in San Francisco, California with 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.