The Crypto Company, a publicly traded blockchain and crypto-focused company, is proud to announce a strategic partnership with Anchorage Digital Bank, the first and only federally chartered U.S. digital asset bank, to implement and safeguard The Crypto Company’s next-generation treasury strategy.
“The Crypto Company pioneered what we believe to be the first digital asset treasury in the public markets in 2017, initially relying on cold storage and multiple safe deposit boxes,” said CEO, Ron Levy. “Today, our digital assets are securely custodied and fully insured with Anchorage Digital Bank, offering exceptional security and advantages we couldn’t have imagined in 2017.”
The Crypto Company’s treasury strategy is designed to be a dynamic tool for business growth. It has the potential to provide a hedge against inflation and fiat currency risk, support ecosystem development for the tokens the Company holds in treasury, and enable the Company to grow existing business while executing on a forward-looking M&A strategy – all while reinforcing the Company’s position as a long-term believer and participant in the digital asset economy.
“We’re entering a new era where forward-looking public companies aren’t just dipping a toe into crypto-they’re building a real strategy around it,” said Nathan McCauley, CEO and Co-Founder of Anchorage Digital. “This partnership with The Crypto Company reflects a commitment to utilizing digital assets as part of a broader operational strategy, rather than producing headlines. Our role is to provide the regulatory strength, infrastructure, and confidence The Crypto Company needs to move boldly in the digital asset space-and we’re proud to help them do exactly that.”
The partnership highlights The Crypto Company’s return to its pioneering roots – having been what the company believes to be one of the first public companies to accept investment in Bitcoin and Ethereum back in 2017 – and its renewed focus on bridging the worlds of traditional finance and decentralized finance (DeFi).
“With the help of Anchorage Digital’s Atlas platform suite, we’re at the forefront of digital asset transparency, security, and treasury management,” said Jared Strasser, COO of The Crypto Company.
Source: Morningstar
