Anchorage Digital
Published in

Anchorage Digital

Anchorage to Support Custody and Unlocking Contracts for Filecoin at Launch

Diogo Mónica, Co-Founder and President

Anchorage will support both custody and unlocking contracts for Filecoin at mainnet launch later this summer. As the digital asset ecosystem evolves, and more and more token projects utilize unlocking contracts as part of their protocols, it will take adaptable solutions to support them. We’re proud to have built our solution in a way that can accommodate the unique needs of emerging blockchains, and to offer support for custody and unlocking contracts at launch.

“Anchorage has developed really interesting technology to improve usability without sacrificing security. We’re excited Filecoin token holders will have the option of working with them.” — Ian Darrow, Head of Operations, Filecoin

As true believers in the good that crypto can do to fix problems endemic to the internet in its current form — problems like lack of data sovereignty, lack of privacy, and often weak security controls — we’re particularly excited about the Filecoin protocol. Leveraging blockchain protocols to decentralize secure data storage and open web access to the billions of people around the world currently disconnected is a step in the right direction. Bolstering this effort with the same kinds of incentive structures that power the value of Bitcoin and keep users participating in other protocols is a smart way to ensure that a better, less centralized internet is built on a firm foundation of mutual interest.

If you plan to hold Filecoin, or you’d like to learn more about support for your assets of choice through Anchorage, please get in touch.

Disclaimer: Services are offered through Anchorage Trust Company, a South Dakota chartered trust company, and 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.

--

--

--

Advancing institutional participation in the digital asset class. https://anchorage.com

Recommended from Medium

Anchorage Digital Partners with Securitize Offering Lending Solutions for Two New Crypto Yield…

Edward Snowden NFT + BTC, ETH, DOGE, XRP, VET, LTC Technical Analysis

How to Buy COV on KuCoin (2021)

Crypto Asset Custody Considerations for Institutions

Investing in New Frontiers

Single-sided PLOT staking is here — stake PLOT, earn upto $100K every month in MATIC & bPLOT

Spooky Shroomie NFTs — Support Mushroom Causes, Create the Strange in the World, and Upcoming…

Too many crypto and tokens, confused as hell

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Anchorage Digital

Anchorage Digital

Advancing institutional participation in the digital asset class. https://anchorage.com

More from Medium

Scaling Blockchains with Rollups

Is Solana better to invest in than Ethereum?

Etherisc Weekly Update

A Bold New World: Why Web3 is Worth so Much More than the Sum of its Parts — Aventus