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Digital Wealth Partners Adds HBAR Custody Through Anchorage Digital
Description
In this episode of Global Economic Press, Alex Brady discusses the recent announcement by Digital Wealth Partners regarding the addition of Hedera Hashgraph custody through Anchorage Digital. This development signifies a major advancement in integrating enterprise-focused distributed ledger technology into mainstream wealth management. Digital Wealth Partners' clients can now custody Hedera Hashgraph alongside other digital assets such as Bitcoin, Ethereum, XRP, Stellar, and Avalanche within a regulated custody framework. The partnership with Anchorage Digital Bank, which holds a national trust bank charter, ensures that clients' assets are custodied under a federal regulatory framework, providing a secure and compliant environment for digital asset management.
Anchorage Digital Bank's robust custody platform, which has been selected by institutions like BlackRock, supports compliance and security standards required for institutional asset management. Hedera Hashgraph, governed by a council of global corporations including Google and International Business Machines, offers a public distributed ledger with high transaction speeds and low costs. Digital Wealth Partners' decision to add Hedera Hashgraph custody reflects the growing institutional ecosystem around the network, including exchange-traded fund launches and enterprise partnerships. Clients interested in exploring cryptocurrency investments can benefit from the exposure to Hedera Hashgraph's enterprise-focused network. For more information, visit Digital Wealth Partners.