Anchorage Digital will support Tron custody and network staking, The Block reported on March 26. The Block said the move marks the first case of a federally chartered crypto infrastructure company in the United States bringing Tron within a regulated framework.
Through the integration, Anchorage will support TRX token storage on its main platform and in its Porto institutional wallet. It plans to add TRC-20 assets and native TRX staking in phases. This will allow institutions to manage Tron-based stablecoins through Anchorage accounts.
Tron, founded in 2018, is widely used to transfer USDT. About $84 billion worth of USDT is currently operating on the Tron network, more than on Ethereum, The Block reported. In the United States, constraints have persisted due to regulatory issues, including Coinbase delisting the TRX token in 2023. Anchorage co-founder Nathan McCauley (네이선 맥컬리) said that as Tron expands its presence in the United States, institutions need trusted infrastructure to safely custody assets and participate in the network. He said Anchorage Digital’s regulated platform would bring Tron into an institutional framework.
Chi-gyu Hwang
delight@d-today.co.kr