Anchorage Digital, home to a federally chartered digital asset bank, says its institutional self-custody digital wallet Porto is now fully available for users. The company has described this as their biggest news since it received its bank charter in 2021.
Anchorage states that their customers have long told them they want a self-custody wallet option. Anchorage claims they are “setting a new standard” in self-custody with Porto.
The digital wallet currently supports over 200 digital assets, and its roadmap includes adding multi-network smart contract capabilities for other assets, such as Tendermint-based assets and various EVM L2 chains. Porto also enables the ability to store and interact with both newly launched or small market cap protocols and tokens.
Porto is also said to enable institutions to self-custody digital assets while removing single points of failure for scenarios including lost devices or full loss of access. Admins may add and replace users or user devices in cases where there are changes in the organization or a member has lost their device to enable secure transaction signing.
Anchorage claims that Porto is the most secure institutional self-custody wallet.