Anchorage Digital Acquires Securitize Platform in Major Crypto Wealth Management Consolidation

Core Insights - Anchorage Digital has acquired the Securitize For Advisors (SFA) platform, enhancing its position in the crypto wealth management market for registered investment advisors (RIAs) [1] - The acquisition follows a significant growth in SFA's deposits and assets under management, which increased by over 4,500% in the past year [2] - Anchorage is expanding its regulated stablecoin and custody business while Securitize is refocusing on large-scale tokenization and public-market initiatives [1][6] Anchorage's Broader Institutional Strategy - The acquisition aligns with Anchorage's strategy to enhance its regulated stablecoin offerings and custody services, having recently added support for 25 additional digital assets [3] - Anchorage maintains a valuation above $3 billion and is building out its stablecoin operations and institutional DeFi access [4][5] - The firm is launching Anchorage Digital Ventures to target Bitcoin DeFi, real-world assets, and decentralized identity projects [4] Securitize's Strategic Refocus - Securitize is shifting its focus back to its core business of tokenizing real-world assets, reporting over $4 billion in tokenized assets under management [6] - The company is collaborating with major asset managers to issue tokenized funds and private credit products, including a recent partnership with Apollo [6] - Securitize has secured regulatory approval to operate a tokenized securities trading platform in the EU and plans to go public via a SPAC deal at a $1.25 billion valuation [7]