Crypto assets firm Anchorage Digital expands into Asia

PartnershipCrypto assets firm Anchorage Digital has announced a push into the Asian market with a series of partnerships with local firms. The five partners include Singapore-based digital asset manager FBG Capital and Hong Kong-based venture capital firm IOSG Ventures. The consortium is completed by digital asset service provider Antalpha, asset manager Dream Trade and crypto exchange Bitkub. The move has been inspired by the high rate of digital assets adoption within the region. A report published earlier this month by Cerulli Associates stated that 55% of family offices in Asia intend to increase their exposure to crypto assets over the next two years. Meanwhile, Anchorage co-founder and president Diogo Monica has said that he expects Asia to represent 25% of the company’s business by 2024. “We look forward to deepening our relationships in the region to bring customized solutions and secure, regulated custody to Asia’s most important financial institutions — further expanding access to digital assets in this critical market,” stated Anchorage.   © 2022 funds global asia

Executive Interviews

Executive interview: PGIM CEO on where the ESG flowers should bloom

Sep 27, 2021

David Hunt, president and chief executive of PGIM, tells Romil Patel about leading a top 10 global asset manager in times where “empowering and encouraging the kind of investment decisions as...

Executive interview: Nicolas Moreau’s orderly transition

Jul 12, 2021

Nicolas Moreau, CEO of HSBC Asset Management, is moving to Asia as the firm looks to connect more directly with the region’s growth story. ESG is also a key focus – including the ‘just’ carbon...


Roundtable: Singapore comes of age as an Asian ESG hub

Dec 01, 2021

Strong ESG credentials strengthen the case for Singapore as a leader in Asia of the post-Covid recovery. Our panel discusses the risks and opportunities.

Roundtable: How well geared are Japanese assets for a new world?

Jul 12, 2021

As we prepare to emerge from Covid, experts look at overcoming demographic issues through a combination of good tech and corporate governance, improving productivity and meeting an ambitious government carbon emissions reduction target. Chaired by Romil Patel.