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Anchorage Digital secures NYDFS BitLicense to expand crypto services

Anchorage Digital’s New York subsidiary has obtained the renowned BitLicense from the New York State Department of Financial Services (NYDFS). This certification allows Anchorage to begin offering secure, regulated crypto services to institutional clients in 2025, reinforcing its position as a digital asset market leader.

Anchorage Digital’s New York subsidiary has received the highly sought-after BitLicense from the New York State Department of Financial Services (NYDFS). This certification marks a significant milestone, allowing the company to begin providing secure and regulated cryptocurrency trading services to institutional clients in New York in 2025.

Anchorage’s CEO, Nathan McCauley, praised the achievement as a significant step forward for both the company and the broader digital asset market. Anchorage Digital’s BitLicense will let it provide regulated trading solutions, custodial services, and quick settlement alternatives to institutional investors such as asset managers and financial advisers.

Anchorage Digital’s newly licensed trading desk will play an important role in supporting clients by offering access to deep liquidity and cost-effective transactions in a highly regulated setting. This reinforces the company’s reputation as a reliable partner for institutions seeking secure and compliant access to cryptocurrency marketplaces.

The certification comes at a time when demand for regulated crypto services is increasing, particularly among institutional investors seeking platforms that combine regulatory clarity with cutting-edge technology. Anchorage Digital’s emphasis on security and compliance has been critical to company growth both domestically and globally.

Anchorage Digital’s acceptance of the BitLicense, one of the most stringent regulatory certifications in the cryptocurrency business, demonstrates its ability to meet the highest compliance standards. This achievement builds on the company’s recent successes, such as gaining a Major Payment Institution License in Singapore, and strengthens its global reach.

Anchorage Digital remains committed to providing institutions with creative solutions that address the problems of digital asset adoption, with plans to open in New York in 2025. As the regulatory landscape evolves, the company is well-positioned to shape the future of institutional crypto services in the United States.

author avatar
Satpal S
Satpal is an Editor and Author at 4C Media Co, specializing in all stories and news related to crypto and finance.
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