A crypto bank co-founder breaks down 6 areas of DeFi to watch – and why most institutions are investing in multiple tokens despite only discussing bitcoin publicly

• Anchorage Digital is the US’s first “crypto bank” after receiving a federal charter in January.
• Anchorage’s co-founder shares how institutional clients are shifting their portfolios “in a big way”.
• And explains how clients are looking at the DeFi as well as 6 areas of the DeFi market that excite him.

In January of this year, a milestone was reached in the crypto world when Anchorage Digital became the first federally chartered crypto bank in the United States.

Launched in 2017, Anchorage aimed to meet the growing need of institutional crypto custody. Now, it’s transformed into a full-service crypto banking provider offering institutions services from custody to staking and trading.

“The mission of Anchorage is to really be this portal between traditional finance with our charter and crypto with our technology,” said Diogo Mónica, co-founder and president of Anchorage.