XION Now Available from the Anchorage Digital Platform, Expanding Institutional Access to First Title II Compliant L1
New York City, New York, March 20th, 2025, Chainwire
XION, a walletless blockchain bridging Web2 and Web3, announced that Anchorage Digital, home to the first and only federally chartered crypto bank has added asset support for its native token. This support, on the back of becoming the first Title II compliant L1, provides institutional asset holders with a secure avenue to custody, stake, and trade XION, with Anchorage Digital acting as a compliant bridge between traditional finance and the digital asset ecosystem.
With this integration, Anchorage Digital clients can seamlessly acquire, hold, stake, and manage XION assets without relying on traditional exchanges. The integration streamlines institutional onboarding and ensures compliance with stringent regulatory requirements. This provides institutional asset holders secure access to emerging blockchain networks. Through Anchorage Digital’s infrastructure, asset managers, venture capital firms, and ETF providers can now engage with the XION ecosystem while benefiting from a secure custodial framework.
“Providing secure access to XION from a qualified custodian opens doors for asset managers, venture capital firms, and other institutional participants to engage with the ecosystem,” said Burnt Banksy, Founder at XION. “With trusted platforms like Anchorage Digital, the gap between the legacy web and the next generation of blockchain applications is being narrowed.”
XION’s blockchain technology is already in use by major global brands, including Uber, Amazon Prime, BMW, Lacoste, Marvel Rivals, and The North Face. By providing institutional-grade custody and asset management services, Anchorage Digital ensures that large, regulated institutional asset holders gain access to the blockchain spurring mainstream adoption of Web3, while adhering to compliance standards set by regulators.
Institutional investors can also stake XION directly through Anchorage Digital, allowing them to participate in network security and collect rewards within a regulated framework. For asset managers and venture firms looking to access XION, Anchorage Digital’s platform provides a variety of solutions for treasury management, staking, and liquidity. By leveraging Anchorage Digital’s infrastructure, institutions can engage with XION in a controlled, secure, and regulated environment.
The integration comes at a time when institutional interest in digital assets is at an all-time high. By adding support for XION, Anchorage Digital expands its offering to institutions seeking access to emerging blockchain networks while maintaining a commitment to compliance and security.
To learn more about the integration, visit XION’s blog here.
About XION
XION is the first walletless Layer 1 blockchain focused on making Web3 accessible to all users. It achieves this by making crypto disappear through its Generalized Abstraction, simplifying complexities such as wallets, private keys, multi-device usage, gas fees, and more. By removing common Web3 friction points, XION accelerates the mainstream adoption of Web3 by making blockchain technology more accessible to users and developers.
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About Anchorage Digital
Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the only federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore; Anchorage Digital New York, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.
Anchorage Digital – press@anchorage.com