Anchorage Digital Custody Now Supports Solana's SPL Standard Tokens

IconCryptoNewsTerminal Staff06 Aug, 2024

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Anchorage Digital Custody Now Supports Solana's SPL Standard Tokens

Anchorage Digital, a leading cryptocurrency custody and banking provider, has expanded its support for Solana by now offering custody of Solana (SOL)-based SPL standard tokens. This enables institutional investors and other clients of Anchorage to securely store and manage their SOL-based assets, including USDC, HNT, W, PYTH, MPLX, and more. This move comes as Anchorage Digital continues to expand its support for Solana and its ecosystem. In 2022, Anchorage Digital became one of the first regulated institutions to offer custody and staking for SOL and other Solana-based cryptocurrencies. The addition of SPL token support is a significant step for Anchorage Digital and its clients, as it provides them with a secure and compliant way to hold and manage a wider range of Solana-based assets.