Anchorage Digital Partners with FusionIQ to Provide Access to Digital Assets
Crypto platform Anchorage Digital has teamed up with Massachusetts-based wealth management firm FusionIQ. Through this collaboration, FusionIQ’s clients, including institutions and financial advisors, will be able to access digital assets offered by Anchorage Digital. The partnership also offers registered investment advisors a compliance-focused framework for direct ownership of digital assets.
Anchorage Digital CEO and co-founder Nathan McCauley stated that the partnership ensures financial advisors and institutions using the FusionIQ One platform are prepared to participate in the next institutional-led crypto bull market. The integration between Anchorage Digital and FusionIQ via APIs allows advisors to seamlessly connect to the digital asset infrastructure. The rollout of the partnership will take place soon.
Expanding Services for Registered Investment Advisors
In November 2023, Anchorage Digital announced a partnership with Eaglebrook Advisors and Onramp Invest to provide separately managed accounts to registered investment advisors. This collaboration allowed the firm to offer compliance and security-focused custody and settlement services for RIAs.
About the Author
MK Manoylov has been a reporter for The Block since 2020. With a graduate degree from New York University’s Science, Health, and Environmental Reporting Program (SHERP), MK has written extensively about various crypto news topics, including NFTs, metaverse, web3 gaming, funding, crime, hacks, and the crypto ecosystem. You can follow MK on Twitter @MManoylov and on LinkedIn.
Hot Take: Anchorage Digital’s Partnership Expands Crypto Opportunities for Financial Advisors
Anchorage Digital’s collaboration with FusionIQ is a significant development in expanding crypto opportunities for financial advisors and institutions. By providing access to digital assets and a compliance-focused framework for direct ownership, this partnership ensures that FusionIQ’s clients are well-positioned to participate in the next institutional-led crypto bull market.
The integration between Anchorage Digital and FusionIQ via APIs enables seamless connectivity to the digital asset infrastructure, enhancing efficiency for advisors. This move further solidifies Anchorage Digital’s commitment to offering secure custody and settlement services for registered investment advisors, as demonstrated by their previous partnership announcements.