Eaglebrook Advisors, Inc., one of the largest SEC-registered crypto separately managed account (SMA) platforms, and institutional crypto platform Anchorage Digital announced a partnership providing financial advisors with streamlined access to crypto SMAs.
The partnership provides financial advisors “with secure and regulated access to digital assets through Anchorage Digital Bank—the only OCC-chartered digital asset bank, which meets the SEC’s definition of a qualified custodian.”
Nathan McCauley, Co-Founder and CEO of Anchorage Digital, said:
“After the recent SEC custody proposal, it is more important than ever for RIAs to safeguard digital assets with a qualified custodian. As a qualified custodian, Anchorage Digital Bank provides the regulatory certainty SEC-registered investment advisers need to safely and securely participate in the digital asset economy. We are proud to work with industry leaders like Eaglebrook as RIAs continue to turn to Anchorage Digital for safe, secure, and regulated crypto custody.”
Christopher King, founder and CEO of Eaglebrook, added:
“Anchorage Digital is a best-in-class provider for digital asset custody, and we are excited to partner with them to serve RIAs and financial advisors. This partnership enhances our offering as we are now integrated with a market leader in institutional digital asset custody and security in Anchorage Digital.”
Eaglebrook’s Crypto SMA platform allows financial advisors “to seamlessly allocate to professionally managed digital asset investment strategies.”
Eaglebrook says that it also “provides onboarding, investment execution, trading, account management and performance reporting to third-party platforms through one unified and integrated Advisor Portal.”
Asset managers on Eaglebrook’s platform, “such as Franklin Templeton, Bitwise, Global X, and ARK Invest, will also be able 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 integrated financial services and infrastructure solutions.”
With the only federally chartered crypto bank in the US, as well as Anchorage Digital Singapore, which “offers equivalent security and service standards, Anchorage Digital delivers an unparalleled combination of secure custody, regulatory compliance, and platform capabilities.”
The company is funded by institutions “including Andreessen Horowitz, GIC—Singapore’s sovereign wealth fund, Goldman Sachs, KKR, and Visa, with its most recent Series D valuation over $3 billion.”
Founded in 2017, Anchorage Digital is “headquartered in San Francisco, California with offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota.”