Anchorage Digital is pleased to share that Apollo, a leading alternative asset manager, has chosen Anchorage Digital as a qualified custodian to safely store crypto assets. As the nation’s first federally chartered digital asset bank, Anchorage expects to custody a significant portion of the alternative asset manager’s digital asset portfolio.

“Apollo is a leader in the alternatives industry, so their use of Anchorage’s custody platform is incredibly validating, and we expect this collaboration can set the bar for how institutions work with regulated digital asset banks like Anchorage to provide custody and other services for their crypto holdings. Being both nimble and secure with digital asset portfolios doesn’t have to be mutually exclusive–and we are confident this partnership will prove that.”

—Diogo Mónica, Co-Founder and President, Anchorage Digital

Did we just become best friends? @Anchorage Co-Founder & President @diogomonica discusses the company's new partnership supporting access to "hundreds of crypto assets" for clients of @apolloglobal. pic.twitter.com/rZA57UyRyF

— TechCheck (@CNBCTechCheck) October 31, 2022

“We were drawn to working with Anchorage given their commitment to operating under strict regulatory oversight, their strong emphasis on security and segregation of client assets, and their ease of use for asset managers to hold digital tokens. As we explore creative ways to apply blockchain technology across Apollo’s business, we look forward to collaborating with Anchorage for the safekeeping of client assets.”

—Adam Eling, COO of Digital Assets, Apollo

Source: Anchorage Digital