Anchorage Digital deepens RIA market push by acquiring unit of Securitize
NeutralCryptocurrency
- Anchorage Digital has expanded its presence in the Registered Investment Advisor (RIA) market by acquiring a unit of Securitize, which will integrate adviser-facing tools into its platform while allowing Securitize to concentrate on tokenizing real-world assets.
- This acquisition is significant for Anchorage Digital as it enhances its service offerings and capabilities in the cryptocurrency space, positioning the company to better serve institutional clients and broaden its market reach.
- The move reflects a growing trend in the cryptocurrency industry where firms are increasingly focusing on partnerships and acquisitions to enhance their service portfolios, as seen with Securitize's recent initiatives to expand its tokenization services and regulatory compliance efforts in both U.S. and EU markets.
— via World Pulse Now AI Editorial System
