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Anchorage Digital acquisition Securitize wealth management division
According to Mars Finance, Anchorage Digital has acquired the wealth management division Securitize For Advisors under Securitize, aiming to expand its services for registered investment advisors (RIA). The terms of the acquisition have not been disclosed. This transaction includes the team and front-end platform of Securitize For Advisors, allowing Anchorage to integrate the technology of this division with its federally regulated digital asset custody services. Over the past year, the growth rate of this consulting division has exceeded 4500%, with deposits and Assets Under Management both reaching all-time highs.