editorial
Eaglebrook Advisors, Inc. and Anchorage Digital have announced a partnership to provide financial advisors with easier access to cryptocurrency separately managed accounts (SMAs). As one of the largest SEC-registered crypto SMA platforms, Eaglebrook Advisors will now offer financial advisors secure and regulated access to digital assets through Anchorage Digital Bank.
Anchorage Digital Bank, the only OCC-chartered digital asset bank that meets the SEC’s definition of a qualified custodian, will provide the necessary regulatory certainty for SEC-registered investment advisers to participate in the digital asset economy safely. This partnership will help RIAs (Registered Investment Advisers) safeguard digital assets and offer secure and regulated crypto custody services.
Nathan McCauley, Co-Founder, and CEO of Anchorage Digital, highlighted the importance of qualified custodians in light of the recent SEC custody proposal. He emphasized the need for RIAs to protect digital assets and assured that Anchorage Digital Bank provides the necessary regulatory certainty for their involvement in the crypto industry.
Christopher King, Founder and CEO of Eaglebrook, expressed excitement about partnering with Anchorage Digital, stating that the collaboration will enhance their offering. By integrating with a top institutional digital asset custodian and security provider like Anchorage Digital, Eaglebrook will be better equipped to serve financial advisors and RIAs.
Eaglebrook’s Crypto SMA platform allows financial advisors to allocate to professionally managed digital asset investment strategies seamlessly. The platform also offers onboarding, investment execution, trading, account management, and performance reporting through a unified Advisor Portal.
Furthermore, asset managers such as Franklin Templeton, Bitwise, Global X, and ARK Invest, who are using Eaglebrook’s platform, will now have the opportunity to launch their SMA strategies on Anchorage Digital through the Eaglebrook Crypto SMA Platform.
Anchorage Digital is a regulated crypto platform that provides institutions with comprehensive financial services and infrastructure solutions. With its federally chartered crypto bank in the US and its subsidiary in Singapore, Anchorage Digital ensures top-tier security, regulatory compliance, and platform capabilities.
The company’s impressive list of backers includes Andreessen Horowitz, GIC (Singapore’s sovereign wealth fund), Goldman Sachs, KKR, and Visa. Recently, it achieved a valuation of over $3 billion in its Series D funding round.
Established in 2017, Anchorage Digital is headquartered in San Francisco, California, with offices in New York, Porto (Portugal), Singapore, and Sioux Falls (South Dakota).
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