Anchorage Digital, an institutional digital asset platform, and FusionIQ say they can now offer crypto investments for financial advisors and institutions. Going forward, financial advisors and institutions will be able to access regulated digital assets alongside more traditional asset classes. The two firms describe the service as an “all-in-one wealth management platform” that incorporates crypto.
Last month, Anchorage announced that it had partnered with Onramp Invest to enable regulated digital asset offerings.
FusionIQ offers a white label service for financial advisors and institutions to quickly allow digital wealth management services.
Anchorage CEO and co-founder Nathan McCauley says the integration is “key to unlocking” the next phase of the adoption of digital assets by placing crypto next to traditional investment opportunities. The partnership with FusionIQ will help streamline this access.
Mark Healy, CEO of FusionIQ, believes that registered investment advisors [RIAs] need crypto solutions and so they decided to partner with Anchorage.
“Through our partnership with Anchorage Digital Bank, we are proud to provide RIAs with an opportunity for integration, through our Hybrid Digital Advice or finTAMP modules, while supplying their end clients with a reliable and regulated entry point into the digital asset ecosystem. Our partnership ensures financial advisors and institutions using the multi-custodian FusionIQ One platform are ready to participate in the next institutional-led crypto bull market.”
Anchorage previously launched a crypto separately managed account (SMA) solution for RIAs in November 2023.