Anchorage Digital Partners with FusionIQ to Offer Digital Asset Access to Institutional Clients

According to The Block: Crypto bank Anchorage Digital has entered into a partnership with Massachusetts-based wealth management firm FusionIQ, aiming to provide institutional clients and financial advisors with regulated access to digital assets. According to a recent announcement, this partnership will also enable registered investment advisors (RIAs) to offer direct ownership of digital assets using a compliance-focused framework. Anchorage Digital's CEO and Co-founder, Nathan McCauley, emphasized the critical role of the partnership in preparing financial advisors and institutions for the next institution-led crypto bull market. He mentioned that Anchorage Digital was integrated with FusionIQ via APIs to seamlessly connect advisors with their digital asset infrastructure, aiming to roll out the partnership "soon." This partnership follows Anchorage Digital's November 2023 announcement of collaborations with Eaglebrook Advisors and Onramp Invest. These partnerships helped Anchorage Digital provide RIAs with compliance and security-focused custody and settlement services through separately managed accounts.