Anchorage Digital, the first cryptocurrency company registered with a banking license in the USA, announced that it will support the Tron blockchain. In the first phase, the company began offering institutional custody services for TRX, the native cryptocurrency of the Tron network.
Gradual integration into the Tron network
With this move by Anchorage Digital, institutions will be able to access a regulated solution to hold TRX through the company’s platform and its own custody wallet called Porto. The company plans to include Tron-based TRC-20 standard assets and TRX direct deposit (staking) feature into the system in the coming period.
For now, support will only be available for TRX. It is aimed to add other tron-based assets and deposit transactions to the system in the future. According to the statement made by the company, these features are planned to be activated gradually.
Connecting role for Tron network and institutions
Tron has become one of the most preferred blockchain networks in terms of stablecoin transfers and digital asset mobility in recent years. According to data from blockchain analysis platform DeFiLlama, the stablecoin supply on Tron has increased over the last three years and has currently reached $86 billion. This figure constitutes more than a quarter of the total stablecoin supply.
Anchorage Digital CEO Nathan McCauley stated that Tron support is an important step for corporate actors and pointed out the size of the Tron ecosystem. The company positions the integration as a regulatory-compliant and secure bridge between traditional financial institutions and the crypto ecosystem.
“Thanks to this integration, one of the largest ecosystems in the crypto world is being brought to the corporate framework.”
The company currently supports major blockchain networks such as Ethereum, Bitcoin, Solana, as well as important layer-2 solutions such as Arbitrum, Optimism, Base and Linea. Additionally, leading networks such as Avalanche and BNB Chain are among the custody services offered by Anchorage.
With the new support, it is expected that Tron and TRX can be stored more widely and securely by institutional investors. Thanks to the staking feature, corporate users will have the chance to earn rewards while contributing to the network.
It is anticipated that this development, which strengthens the connection of institutional investors with the Tron network, where stablecoin transfers are rapidly increasing, will create additional activity both in the blockchain network and on the part of corporate actors.
