Gate News reports that Anchorage Digital has announced the addition of support for the Tron blockchain, launching TRX institutional custody services to provide a regulated way for U.S. institutions to hold TRX. Institutional users can securely store TRX through the Anchorage platform and its self-custody wallet, Porto, and plan to subsequently support TRC-20 assets and native TRX staking services, allowing institutions to participate in network validation and earn rewards.
The Tron network has seen increased activity in recent years. According to DeFiLlama, its stablecoin supply has steadily grown over the past three years, now reaching approximately $86 billion, accounting for over a quarter of the global stablecoin supply. Anchorage Digital views this integration as a way to build a compliant bridge between traditional institutions and the Tron network, providing a convenient pathway for institutions to enter the crypto payment and DeFi ecosystem. CEO Nathan McCauley stated that this will bring one of the largest ecosystems in the cryptocurrency space into the institutional framework.
This feature will be rolled out in phases: the first phase will be TRX custody, followed by support for Tron-based TRC-20 assets, and finally the launch of institutional staking services. Through custody and staking, institutions can not only securely hold TRX but also participate in network validation to earn returns, thereby enhancing asset liquidity and yield potential.
Anchorage Digital currently supports multiple mainstream blockchains, including Ethereum, as well as their layer two networks such as Arbitrum, Optimism, Base, and Linea, and supports major layer one networks like Bitcoin (BTC), Solana (SOL), Avalanche, and BNB Chain. This support for Tron will further enrich the crypto asset allocation options for institutional investors and promote a deeper integration of traditional financial institutions with mainstream blockchain ecosystems. (CoinDesk)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
AMPLIFY 2026 Hong Kong Summit Concludes on April 20-21 with Focus on AI, Web3, and Quantitative Growth
The AMPLIFY 2026 Hong Kong Summit concluded on April 20-21, bringing together CEOs from leading global crypto-financial institutions, prominent investors, and industry experts for two days of discussions. Hosted by ChainTimes and GAEA VENTURES, and co-hosted by AetheriumX, Origins Network, Monera
GateNews11m ago
Bullish acquires Equiniti for $4.2 billion: Crypto exchange buys traditional securities listing and portfolio tokenization infrastructure
Crypto exchange Bullish (NYSE: BLSH) announced on May 5 that it has reached a final agreement with private equity firm Siris Capital to acquire UK legacy transfer agent Equiniti for $4.2 billion, combining “crypto trading” + “traditional securities registry” to build a “global tokenized securities transfer agent.” CNBC reported that Equiniti currently provides registration and shareholder services for more than 2,500 listed companies and 20 million shareholders, with an annual processing value of about $500B. The deal is among the largest traditional financial infrastructure acquisitions by the crypto industry in recent years, with settlement expected to be completed by January 2027.
Deal structure: $1.85 billion in assumed debt + $2.35 billion in Bullish stock
42
ChainNewsAbmedia16m ago
Yield.xyz and Privy Launch AI Yield Agent Infrastructure Supporting 80+ Blockchains on May 5
According to BlockBeats, on May 5, DeFi yield infrastructure platform Yield.xyz and Privy, Stripe's crypto wallet infrastructure company, launched AI yield agent infrastructure supporting automated strategy execution across 80+ blockchains and 2,900+ DeFi yield opportunities.
The solution
GateNews20m ago
Kresus and Canton Partner to Drive Enterprise Blockchain Adoption
According to Kresus' official announcement on May 4, the blockchain infrastructure provider announced a strategic collaboration with Canton Network aimed at helping enterprises design, develop, and deploy blockchain applications from pilot stages to full production deployment.
As part of the
GateNews22m ago
Galaxy and State Street Launch SWEEP Tokenized Fund on Solana for 24/7 Cash Management
According to CoinDesk, on May 5, Galaxy Digital and State Street launched SWEEP, a tokenized cash management fund on Solana that enables institutional investors to manage stablecoins with 24/7 liquidity access, bypassing traditional market fund trading hours. The fund allows stablecoin allocation
GateNews51m ago
Hut 8 replaces Coinbase loan with FalconX facility, cuts borrowing costs
Hut 8 has replaced its Coinbase Credit arrangement with a new $200 million, 364-day bitcoin-backed facility from FalconX, reducing debt costs by 200 basis points.
The new facility provides a more cost-efficient borrowing structure for the bitcoin-backed arrangement, as stated in the transaction
CryptoFrontier1h ago
