Anchorage Digital Expands Custody Support Across the Ondo Ecosystem

Anchorage Digital, home to America's first federally regulated crypto bank, now provides qualified custody for 75 of Ondo Finance's tokenized equity and ETF products, extending a relationship that began in 2024 with the Ondo US Dollar Yield Token (USDY) and Ondo Short-Term US Government Treasuries (OUSG). Institutions can hold tokenized exposure to names like Apple, Nvidia, and Tesla in the same account as their Treasuries and their cash.The assets are issued through Ondo Global Markets and held at Anchorage Digital Bank N.A. 

"The asset side of tokenization has moved faster than the infrastructure to hold it. Bringing Ondo's tokenized equities into a federally chartered bank means an institution doesn't have to choose between a new asset class and the custody standards it already operates under." —Nathan McCauley, CEO and Co-Founder, Anchorage Digital

Why custody is the constraint

Ondo builds institutional-grade tokenized products: Treasury exposure through OUSG and USDY, and tokenized equities and ETFs through Ondo Stocks. The asset design is one half of what a regulated allocator needs.

The other half is the holding structure. Who is the custodian of record? Are the assets segregated? What do the auditors see? Does the operational workflow look like the rest of the book? A tokenized product that can't answer those questions is something an institution can follow but not hold.

That's why custody support is a gating item rather than a checkbox. Every asset added to the Anchorage Digital platform goes through its own security review, operational integration, and controls assessment before a single client can hold it. Seventy-five assets is not seventy-five listings. It is seventy-five passes through that process.

What Anchorage Digital provides

Federally regulated, bankruptcy-remote custody. Client assets are segregated and held in a structure built for fiduciaries, supported by SOC 1 and SOC 2 Type II audited controls.

One platform for the whole portfolio. Institutions can hold Ondo's tokenized assets alongside their other digital assets and their cash, rather than fragmenting positions across providers.

Infrastructure built for institutional workflow. Secure transaction authorization, settlement, and reporting designed for 24/7 markets.

The next era of tokenized assets 

The first phase of real-world asset tokenization proved the concept: treasuries, money market funds, and equities rcould be issued and settled on rails that legacy infrastructure simply can’t match for speed.

The second phase is about utility. It’s tokenized equities powering dynamic portfolio products, collateral moving in minutes rather than days, and balance sheets managing sovereign debt, public equities, and cash on a single ledger.

Anchorage Digital provides the secure institutional custody foundation making this shift possible.

To learn more about custody for tokenized assets, get in touch.