Erebor has become only the second crypto-focused bank to receive a conditional federal charter from the Office of the Comptroller of the Currency, positioning the Silicon Valley-backed institution to compete in the rapidly growing stablecoin market following the GENIUS Act’s passage. This milestone, achieved in just four months despite industry predictions of an 18-month approval process, signals accelerating institutional adoption of digital assets under the Trump administration and sets the stage for a major shift in the $312 billion stablecoin sector.
about Erebor Wins Federal Crypto Bank Charter, Second After AnchorageNathan McCauley
0 posts last weekAnchorage Integrates Jupiter for Institutional DeFi on Solana
Anchorage Digital is integrating Solana’s Jupiter swap aggregator into its institutional Porto wallet, marking a significant advancement in bridging traditional finance with decentralized protocols. The integration enables secure, streamlined crypto-to-crypto swaps and DeFi access while addressing institutional concerns about security and compliance. This strategic move comes amid surging institutional interest in Solana, evidenced by nearly $300 million in recent exchange-traded product inflows and pending ETF approvals from major traditional finance firms.
about Anchorage Integrates Jupiter for Institutional DeFi on SolanaFirst Solana Staking ETF Launches with Anchorage Digital
The REX-Osprey Solana + Staking ETF (SSK) debuted on July 1 as the first spot Solana staking fund, with Anchorage Digital acting as custodian. Anchorage CEO Nathan McCauley spoke with Bloomberg Crypto about the fund and Circle’s efforts to establish a national trust bank in the US. Anchorage Digital, which received conditional approval in 2021 to convert into a digital bank, plays a key role in this new financial product, marking a significant step in crypto-based investment vehicles.
about First Solana Staking ETF Launches with Anchorage DigitalFirst Spot Solana Staking ETF Launches with Anchorage Digital
The REX-Osprey Solana + Staking ETF (SSK) debuted on July 1 as the first spot Solana staking fund, with Anchorage Digital acting as custodian. Anchorage CEO Nathan McCauley appeared on ‘Bloomberg Crypto’ to discuss the fund and Circle’s efforts to establish a national trust bank in the US. Anchorage Digital, which received conditional approval in 2021 to convert into a digital bank, plays a key role in this emerging crypto-financial infrastructure. The ETF marks a significant step in institutional crypto adoption, combining Solana’s staking rewards with regulated investment exposure.
about First Spot Solana Staking ETF Launches with Anchorage DigitalSolana Staking ETF Debuts with $12M Inflows
The Rex-Osprey Solana + Staking ETF debuted with $12 million in initial investments and $33.6 million in trading volume, according to Nasdaq data. The ETF, which stakes at least half its assets, represents a new phase for crypto in the U.S., as noted by Anchorage Digital CEO Nathan McCauley. Despite the launch, Bitwise’s Juan Leon pointed out weak institutional interest, with trading volume 82% below expectations based on SOL/BTC market caps. Solana’s price rose 4.6% to $153 but remains down 48% from its January peak. The SEC is expected to approve more crypto ETFs this year, with Anchorage Digital serving as custodian for this fund, mirroring its role in BlackRock’s Bitcoin and Ethereum ETFs. Unlike spot crypto ETFs, this product is structured under the Investment Company Act, requiring a qualified custodian like Anchorage.
about Solana Staking ETF Debuts with $12M InflowsUS Bank Cuts Off Anchorage Digital Amid Allegations of De-Banking Efforts
Anchorage Digital CEO Nathan McCauley revealed that an unnamed US bank abruptly terminated their banking services after two years of collaboration, coinciding with reports of a government-led effort to de-bank crypto firms. McCauley highlighted the challenges faced by smaller entrepreneurs in maintaining banking relationships during this period. Senator Cynthia Lummis has called for an investigation into the FDIC’s alleged destruction of materials related to these activities, emphasizing the need for transparency and accountability.
about US Bank Cuts Off Anchorage Digital Amid Allegations of De-Banking EffortsSenate Hearing Addresses Debanking Issues in the Crypto Industry
The US Senate Banking Committee held a hearing on the controversial issue of debanking in the crypto sector, with industry leaders claiming widespread account closures. Nathan McCauley of Anchorage Digital Bank noted that all attendees at a crypto founders’ meetup reported difficulties in securing banking services. The hearing highlighted tensions between Republicans advocating for clearer crypto banking regulations and Democrats pushing for immediate action against certain financial practices.
about Senate Hearing Addresses Debanking Issues in the Crypto IndustryUS Senate Hearing Investigates Debanking Claims Against Banks and Crypto Industry
The US Senate Banking Committee is holding a hearing today to investigate claims of “debanking,” where businesses, particularly in the crypto sector, are denied banking services due to perceived risks. Testimonies will include Nathan McCauley, CEO of Anchorage Digital, who argues that regulatory pressures are stifling innovation in the crypto industry. The banking sector contends that their actions are driven by compliance with complex regulations, particularly around anti-money laundering and customer verification.
about US Senate Hearing Investigates Debanking Claims Against Banks and Crypto IndustryTrump’s Executive Order Signals Shift in US Cryptocurrency Policy
President Trump has established a cryptocurrency working group to propose new regulations and protect banking services for crypto companies, countering claims of regulatory crackdowns. The order also bans central bank digital currencies and rescinds costly accounting guidance, aiming to foster digital asset adoption. Bitcoin surged to a record high amid optimism for a more crypto-friendly administration, while the group will evaluate a national digital asset stockpile derived from lawfully seized cryptocurrencies.
about Trump's Executive Order Signals Shift in US Cryptocurrency PolicyAnchorage Digital Advances Institutional Crypto Access and Regulatory Progress in 2025
Anchorage Digital has played a pivotal role in the maturation of the crypto market throughout 2024, introducing innovative solutions like the self-custody wallet and the Atlas settlement network. The firm has also advanced regulatory compliance, receiving key approvals in both Singapore and New York, while fostering partnerships to bridge traditional finance and crypto. Looking ahead to 2025, Anchorage Digital aims to expand institutional adoption and continue providing secure, regulated access to crypto assets.
about Anchorage Digital Advances Institutional Crypto Access and Regulatory Progress in 2025