BlackRock Expands Digital Asset Infrastructure with Anchorage Digital

Anchorage Digital has announced its appointment as a digital asset service provider for BlackRock, further expanding its role in supporting the world’s largest issuer of spot crypto exchange-traded products. Anchorage Digital Bank N.A., the only U.S. federally chartered crypto bank, will now provide custody services for BlackRock’s digital asset products, including spot crypto ETPs and other related funds.

The decision follows a thorough evaluation process by BlackRock as it continues to broaden its digital asset capabilities to meet increasing demand from institutional and retail investors. With this new designation, Anchorage Digital becomes a key player in the infrastructure behind BlackRock’s growing digital asset exposure.

“A new standard for tailored access to the digital asset class”

Nathan McCauley, CEO and Co-Founder of Anchorage Digital, commented, “As BlackRock continues to bridge digital assets and traditional finance, we are excited by the opportunity to set a new standard for tailored access to the digital asset class. By providing federally regulated crypto infrastructure, we are helping BlackRock to meet client demand for today and tomorrow. We are proud to build toward a world where every investor can get exposure to digital assets.”

Robert Mitchnick, Head of Digital Assets at BlackRock, said, “As demand for digital asset products increases, and as our footprint in the ecosystem grows, we continue to expand our network of service providers with a focus on the highest quality institutional providers. After a thorough evaluation, Anchorage Digital clearly meets these standards, and we are excited to be expanding our network of eligible digital asset service providers with the addition of Anchorage Digital.”

Anchorage Digital Bank already supports BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), and the expanded role will now include custody of crypto assets for additional products. Anchorage’s infrastructure offers federally regulated, bankruptcy-remote custody with strict asset segregation policies. Technical safeguards such as biometric authentication, offline private key storage, and low-latency settlement architecture form the backbone of its operations.

Through this arrangement, BlackRock gains access to a broader set of digital asset services including staking, settlement, and on-chain governance via Anchorage Digital. The collaboration reflects growing momentum in traditional finance to integrate secure, compliant crypto infrastructure as institutional interest rises.

Anchorage Digital operates under a range of regulatory frameworks, including federal banking oversight in the U.S., a BitLicense from the New York Department of Financial Services, and licensing from the Monetary Authority of Singapore. The company serves global institutions across its offices in the U.S., Europe, and Asia.

BlackRock’s partnership with Anchorage Digital signals continued progress in the institutional adoption of digital assets, with both firms positioned to respond to evolving client expectations across global markets.