Anchorage Supports Litecoin Custody and Trading

Anchorage Digital
Anchorage Digital
Published in
2 min readJul 22, 2020

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Diogo Mónica, Co-Founder and President

As part of our mission to support every digital asset that meets our standards of quality and security, Anchorage is pleased to announce the addition of one more coin to our constantly expanding list of supported assets: Litecoin (LTC). We’re proud to support this kind of proven, legacy asset, and to meet the needs of a sizable group of institutions interested in participating in the Litecoin network.

An early entrant into crypto, LTC has a longer history than most digital assets in the marketplace. And as a top ten digital asset by market cap, LTC already has a robust community of institutional investors interested in both holding and trading it. Institutional investors can now hold and trade LTC as easily as any other supported asset, all from the security of the Anchorage platform.

At Anchorage, we’re constantly working to support additional assets. If you’d like to learn more about our road map and our support for an asset you care about, please get in touch.

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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