Anchorage Buys Adviser Platform as RIA Crypto Demand Grows
Anchorage Digital, a federally chartered digital asset bank, has acquired Securitize For Advisors (SFA), an investment adviser platform previously reliant on Anchorage for asset custody. This move consolidates custody, trading, and adviser tools within a unified platform, streamlining service for institutional investors and registered investment advisers (RIAs). The acquisition enables Securitize to concentrate on its core business of tokenizing real-world assets and expanding its real-world asset strategy. Securitize has a track record in tokenized assets, including developing BlackRock's BUIDL fund, and recently raised $47 million in a round led by BlackRock. RIAs are increasingly seen as central to digital asset adoption, especially following the 2020 regulatory approval for banks to custody digital assets and the 2024 launch of spot Bitcoin ETFs. These developments have lowered barriers for institutional crypto investment, making it easier for RIAs to access digital asset markets for their clients. The trend is expected to accelerate, with RIAs controlling significant market access still untapped by digital assets.
