Anchorage Digital launches Tron custody services, allowing U.S. institutions to hold TRX.

TRX-0.02%
ETH-0.71%
BTC-0.09%
SOL0.63%

Gate News reports that Anchorage Digital has announced the addition of support for the Tron blockchain, launching TRX institutional custody services to provide a regulated way for U.S. institutions to hold TRX. Institutional users can securely store TRX through the Anchorage platform and its self-custody wallet, Porto, and plan to subsequently support TRC-20 assets and native TRX staking services, allowing institutions to participate in network validation and earn rewards.

The Tron network has seen increased activity in recent years. According to DeFiLlama, its stablecoin supply has steadily grown over the past three years, now reaching approximately $86 billion, accounting for over a quarter of the global stablecoin supply. Anchorage Digital views this integration as a way to build a compliant bridge between traditional institutions and the Tron network, providing a convenient pathway for institutions to enter the crypto payment and DeFi ecosystem. CEO Nathan McCauley stated that this will bring one of the largest ecosystems in the cryptocurrency space into the institutional framework.

This feature will be rolled out in phases: the first phase will be TRX custody, followed by support for Tron-based TRC-20 assets, and finally the launch of institutional staking services. Through custody and staking, institutions can not only securely hold TRX but also participate in network validation to earn returns, thereby enhancing asset liquidity and yield potential.

Anchorage Digital currently supports multiple mainstream blockchains, including Ethereum, as well as their layer two networks such as Arbitrum, Optimism, Base, and Linea, and supports major layer one networks like Bitcoin (BTC), Solana (SOL), Avalanche, and BNB Chain. This support for Tron will further enrich the crypto asset allocation options for institutional investors and promote a deeper integration of traditional financial institutions with mainstream blockchain ecosystems. (CoinDesk)

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

DB Securities Selected to Launch STO Platform for Carbon Assets in Busan

According to the Ministry of Science and ICT and Korea Internet & Security Agency, DB Securities has been selected as the preferred bidder to develop a security token offering platform for carbon reduction assets in Busan, with development expected to begin later this month. The initiative, part of

GateNews50m ago

AurumX Completes Strategic Acquisition of Manadia to Strengthen Web3-AI Infrastructure

According to ChainCatcher, AurumX, a blockchain-based trading and settlement infrastructure platform, completed a strategic acquisition of Manadia, a verifiable data settlement protocol, in May 2026. The acquisition aims to strengthen AurumX's capabilities in Web3-AI infrastructure and

GateNews52m ago

Ondo Launches Support for 35 Tokenized Equities on Hyperliquid HyperEVM

According to Ondo Finance, on May 11, Ondo launched support for bridging 35 tokenized equities and ETFs—including SPYon, NVDAon, and TSLAon—from Ethereum and BNB Chain to Hyperliquid's HyperEVM via Ondo Bridge. The integration enables users to combine tokenized assets with Hyperliquid perpetual

GateNews1h ago

WasabiCard Now Supports AVAX Deposits on Avalanche Network

According to ChainCatcher, WasabiCard, a global stablecoin payment infrastructure platform, now supports on-chain deposits via the Avalanche (AVAX) network. Users can directly deposit funds to their WasabiCard accounts using AVAX.

GateNews3h ago

Corpay Partners with BVNK to Offer Stablecoin Wallets to 800,000 Enterprise Customers on May 11

According to BlockBeats, on May 11, Corpay announced a partnership with BVNK to provide stablecoin wallets and settlement services to its 800,000 global enterprise customers. Through embedded stablecoin wallets, Corpay clients can view both fiat and stablecoin balances, and send, receive, store, and

GateNews3h ago
Comment
0/400
No comments