Anchorage Digital launches a venture capital arm to support early-stage on-chain protocols.

robot
Abstract generation in progress

The cryptocurrency custody unicorn Anchorage Digital has established a venture capital arm to support early-stage protocol teams. Called Anchorage Digital Ventures, this arm will provide financial and strategic support to founding teams building infrastructure on-chain. Anchorage states that the program aims to help protocols "be ready for institutions from day one" and provide support beyond the scope of financial investment.

Anchorage stated that they are particularly interested in working groups focused on Bitcoin DeFi, real assets, decentralized identity, and other areas with the potential to become infrastructure. The company also emphasized that projects addressing the weaknesses of institutional adoption are a primary focus. Applications to participate in the program are now open, and selected founders will be invited to a demo day exclusively for guests at the Token2049 event in Singapore in October. Anchorage will announce the list of grant recipients at that time.

CHO-4.03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)