Anchorage and Figment Networks Partner for On-chain Participation

Anchorage Digital
Anchorage Digital
Published in
3 min readAug 11, 2020

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Diogo Mónica, Co-Founder and President

As the financial future continues to emerge, it is important for Anchorage, as an institutional platform, to facilitate client participation in blockchain networks as clients wish to participate. Towards that end, we’re proud to partner with Figment Networks, Canada’s largest blockchain infrastructure and services provider, to offer our clients one more way to actively participate in blockchain protocols.

“By partnering with Anchorage, we are able to bring together best in class institutional staking and custody services, while offering a seamless experience for token holders who care about the long term growth and security of Proof of Stake blockchains.”

-Lorien Gabel, Cofounder & CEO of Figment Networks

From the early days of the Celo network, Anchorage was the only preferred custody provider able to delegate to a third party staking service provider like Figment at launch. During that network launch in particular, our teams worked together closely to enable staking services for common clients, and collaborated to launch and operate a Celo group containing several validators. Post-launch, we continue to collaborate, making sure clients are able to participate in network governance as they wish.

As the digital asset ecosystem continues to grow and mature, the importance of partnerships and participation is only going to grow. We’re proud to partner with staking providers like Figment Networks to build the participatory future.

Disclaimer: Custody services are offered through Anchorage Trust Company, a South Dakota chartered trust company. Trading and collateral management services are offered through Anchorage Hold, LLC, a Delaware limited liability company. Anchorage Trust Company and Anchorage Hold are not registered with the SEC or any state securities authority. Services are not yet offered to residents of New York. Anchorage Trust Company does not engage in the offer, sale or trading of digital assets. Anchorage Hold does not engage in the offer, sale or trading of securities. Anchorage Trust Company and Anchorage Hold do not provide legal, tax, or investment advice. Services are provided only to clients that meet specified standards of sophistication and have entered into the applicable custody or trading agreements. Anchorage Trust Company and Anchorage Hold are wholly-owned subsidiaries of Anchor Labs, Inc., a Delaware corporation headquartered in San Francisco, California.

Holdings of cryptocurrencies and other digital assets are speculative and involve a substantial degree of risk, including the risk of complete loss. There can be no assurance that any cryptocurrency, token, coin, or other crypto asset will be viable, liquid, or solvent. Nothing in this communication is intended to imply that any asset held in custody by Anchorage is low-risk or risk-free. Anchorage does not provide investment, legal, or tax advice. Digital assets held in custody are not guaranteed by Anchorage Trust Company or Anchorage Hold and are not FDIC-insured.

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