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BlackRock adds new Bitcoin custodian Anchorage Digital alongside Coinbase – TON BOT

BlackRock adds new Bitcoin custodian Anchorage Digital alongside Coinbase

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BlackRock has added Anchorage Digital Bank N.A. as an additional custodian for its iShares Bitcoin Trust. This dual-custodian model enhances redundancy and risk mitigation for the trust. The move reflects BlackRock’s expectations of increased Bitcoin holdings and the need for operational flexibility. The addition of Anchorage, a federally chartered digital asset bank, aligns with regulatory standards and signals BlackRock’s commitment to institutional participation. No assets have been transferred yet, and Coinbase remains the primary custodian. This development aims to improve operational risk management and fiduciary responsibility.

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