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Positioned for the future: A new role at Anchorage Digital

Co-founder Diogo Mónica is being named Executive Chairman of the Board of Anchorage Digital
Anchorage Digital Co-Founders Nathan McCauley and Diogo Mónica

As we head into a new market cycle and position ourselves for continued growth coming from increased institutional adoption, we are proud to share that we have created an Executive Chairman of the Board role at Anchorage Digital. In the coming months, Diogo will be moving into this role as he also formalizes his role as an angel investor in the crypto ecosystem as a General Partner at Haun Ventures.

An exciting chapter for our company and industry

We are in an incredibly exciting moment for our company and our industry. Thanks to our team’s hard work, client focus, and ruthless execution, we have emerged from one of the most difficult times in our industry in an incredibly strong position as the trusted crypto platform for institutions. We weathered immense volatility, rock bottom market sentiment, and regulatory uncertainty to come out of this most recent crypto winter as one of the strongest crypto businesses standing. 

We recently reached over US$50 billion in client assets under custody and record high revenue. We’ve also launched two additions to our institutional suite of products—Porto, our self-custody wallet, and a separately managed account business designed for wealth managers—that serve the needs of both traditional and crypto-native institutions. Additionally, as the crypto ecosystem continues to expand and sentiment improves, we have been busy positioning Anchorage Digital to be optimally situated to grow into the next phase of our journey.

Positioning Anchorage Digital for the current market cycle

In addition to building new products during this past bear market, we have also focused our efforts on setting up Anchorage Digital for its next phase. Our leadership team has purpose-built expertise for our upcoming stages of growth. 

Stepping into the role of Executive Chairman of the Board, Diogo will continue to partner with Nathan to drive strategy, recruit best-in-class talent, and interface with clients on behalf of the company. Nathan as CEO will continue to run and oversee both strategic and day-to-day operations as he’s done successfully for the last seven years. With Diogo as Executive Chairman, Nathan as CEO, and the depth and breadth of our leadership team, we are confident that Anchorage Digital will continue on our high-growth trajectory.

Formalizing working with founders

Over these past seven years that we have been building and running Anchorage Digital together, many of our clients have been crypto founders, and we have both invested in crypto start-ups. Diogo has been a very active angel investor, with over 100 investments over the past seven years. His excitement around being an investor, and helping new companies flourish the way our own company has flourished, has only grown over the years. 

With Diogo’s transition to Executive Chairman of the Board, he will be able to invest more time supporting the next generation of founders building in our space as a part of Haun Ventures. Katie Haun is a longtime friend of our company, and we are excited for Diogo to help other companies replicate the remarkable blueprint that we have drawn together at Anchorage Digital as well as contribute to the growing crypto ecosystem that Anchorage Digital supports. Diogo will be announcing this with Katie today and will officially assume the position as General Partner later this year.

Thinking ahead

In the seven years since we started Anchorage Digital, we have never been so energized about our growth trajectory, our product roadmap, and our overall team. It’s that position of strength that gives us the utmost confidence that the best is yet to come—both for Anchorage Digital and the crypto industry overall.

About Anchorage Digital

Anchorage Digital is a crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, 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, Porto by Anchorage Digital, and other offerings. 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.

Additional reading

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