Evmos, the port-of-entry from Ethereum to Cosmos, launched its partnership with Anchorage Digital in order “to offer institutions secure custody and staking of EVMOS, the native token of the platform.”
As Evmos continues to attract builders to deploy dApps on its cross-ecosystem interoperability platform, institutions accessing Evmos through Anchorage Digital “will help support ecosystem growth and secure Evmos’ layer-1 proof-of-stake blockchain.”
Federico Kunze Küllmer, Co-Founder of Evmos, said:
“We’re very enthusiastic that Anchorage Digital is bringing its proven custody and staking services to Evmos. This key partnership gives institutions the seamless infrastructure to bolster Evmos and help ensure that this platform has a secure foundation for a thriving ecosystem of interoperable decentralized applications.”
As the first federally-chartered crypto bank in the U.S., Anchorage Digital “gives institutions state-of-the-art, secure custody, but crucially it also gives customers the ability to stake assets, which underpins the security of proof-of-stake blockchains like Evmos.”
An important consideration for builders launching dApps on the platform as well as anyone looking to use those applications is “the security of the underlying Tendermint consensus layer.”
Diogo Mónica, President and Co-Founder of Anchorage Digital, remarked:
”While cryptonative VCs who use us are already adept at staking and custody with Anchorage Digital, we’re particularly pleased to help Evmos and other Cosmos ecosystem protocols gain access to a broader cadre of institutions who select us for custody first, and see the benefits of staking with a federally compliant bank.”
This partnership comes “at a pivotal time for Evmos, as it gains momentum as the leading EVM gateway into the Interchain ecosystem.”
Evmos’s core developer, Tharsis Labs Ltd., has just “announced its $27M token sale, positioning the team to accelerate development of the platform.”
In addition, the community is leaning in “to leverage its community fund for events like the just-completed Evmos Momentum Hackathon and the upcoming One Million Wallets Hackathon.”