The trusted crypto platform for innovators and investors. CEO @NathanMcCauley Disclosures: https://xitter.twitterapi.xyz/t.co/nZyCtt9td7
San Francisco, CA
Joined April 2018
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“I’m calling it NewFi.”
Miranda Martel of @BoysClubWorld on why the distinction between TradFi and DeFi is collapsing: "the suits showed up, the plumbing is in motion, and finance is just finance again."
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Hal Finney called it in 2009: most bitcoin will end up held at banks, because humans were never built for the security problems that come with it.
@nathanmccauley explains on @scottmelker why the next step is holding your bitcoin where you hold your cash. 👇
Is Bitcoin safer with an institution than in your own wallet?
Anchorage Digital CEO Nathan McCauley says institutions are better at Bitcoin security than individuals: US exchanges for now, and maybe your bank next.
"There's a very early post from Hal Finney talking about how people are going to store Bitcoin. Hal Finney is saying most of Bitcoin is going to get held at banks, because humans aren't made to handle the kinds of security issues. Institutions are made to handle the kinds of security issues that are needed here."
"As much as I'm a big fan of self-governance, I want to make sure that's always possible, for freedom. I think the reason that we're going out and building bank wallet infrastructure is so that they can adopt Bitcoin, so that there is a safe and easier way for it to be held."
"On a shorter-term time horizon, custodying your Bitcoin at US-based exchanges is probably the right answer. The US-based exchanges that have a good reputation here are doing a good job."
"Eventually, I would love for it to be that you're holding it at your financial institution. Wherever you're holding your cash, maybe that's where you should be holding your Bitcoin as well."
Anchorage Digital, which already issues Tether’s US stablecoin USA₮, says tokenized gold is just the start: it plans to bring more real-world assets to its Prime clients.
unchainedcrypto.com/anchorag…
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For 5,000 years gold has always held value. Tokenized and held in bank custody, it can also be collateral.
Anchorage Digital now supports @tether Gold (XAU₮) across custody, trading, and financing, in one account, with your exposure intact.
Learn more ↓
anchorage.com/press-room/hol…
Ever wonder what it'd be like to run your own AI trading desk?
We did.
Fully onchain. Powered by x402, using the open source TradingAgents framework.
The framework models a full trading firm as a team of AI agents. Analysts read the data, traders propose an order, a risk team double checks, and a portfolio manager makes the final call.
Total bill: $0.19.
How we set it up: anchorage.com/insights/ran-a…
AI is making attacks cheaper. It’s also making defense faster.
Our CEO and Co-Founder @nathanmccauley on @crypto , discussing the $6.3B Binance hack:
“As much as attackers are now more sophisticated in how they come after things, defenders are now able to do years of work in a single week.
The organizations that invest heavily in defense are going to see their systems be even more secure than they ever thought possible. The tools in the hands of the defenders are extremely powerful.”
Join the fun Wed @ 10 am ET w/@BoysClubWorld 👏
@BoysClubWorld runs an actual media outlet. @Anchorage allows me to stream what's ostensibly a local access show every week.
they're stuck with me this week for an early year-in-review of crypto. we'll also talk trends, a year of larping, and more.
10 AM tomorrow on x and yt
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Most point of sale providers can’t touch stablecoins directly. That’s the gap keeping stablecoins away from everyday merchants.
@Lydianpay builds the acceptance layer so they can. Anchorage Digital Bank now provides the stablecoin minting, redemption, and custody behind it.
Details ↓
anchorage.com/press-room/anc…
Stocks that trade 24/7/365 need custody that never stops.
Good thing we don’t either. We’re a custodian for @formation_so, which plans to operate the first tokenized securities venue on @solana under the SEC’s Innovation Exemption.
A huge thank you to Formation Securities’ partners across the entire stack: tokenization partners @SuperstateInc and @Securitize, and custodians @Anchorage Digital Bank, @BitGo and @FireblocksHQ.
On distribution, we're working with @AlpacaHQ, @jtx_trade by @jito, Passage by @CoinList, @solflare and @multisig.
Security/risk management support by @trmlabs, @0xPredicate, @Solidus_Labs, and @sec3dev.
The liquidity was never the problem. The plumbing was.
@ajmacey on @TheBlockCo about why institutions are moving onchain now, and how Anchorage Digital clients reach that liquidity while assets stay in custody 👇
ICYMI: "Everyone knows that there's great pools of liquidity, the rates are good, but you can't access it in a way that your risk team is comfortable with." Anchorage Digital's AJ Macey says institutions are moving into DeFi now because the plumbing finally exists, and the Chainlink integration is how Anchorage clients reach that liquidity without leaving qualified custody.
For years the question was whether banks would touch digital assets.
Now the question is how fast they can move.
@nathanmccauley with @scottmelker on why financial institutions are finally going all in, and the custody and settlement rails they will run on.
Full episode ↓
You Can Do Everything Right And Still Lose Bitcoin | @nathanmccauley
00:00 Midterms, the Clarity Act and What Changes for Crypto
05:28 How Anchorage Built a Crypto Bank Through the Biden Era
06:42 Why Financial Institutions Are Finally Going All-In on Crypto
09:47 The Stablecoin Explosion and What Ultimately Wins
13:29 Why Stablecoins May Need Their Own Clearinghouse
14:37 Building Wallet Infrastructure for a 24/7 Financial System
17:36 Crypto Hacks, AI and the New Security Threat
23:42 How Institutional Crypto Custody Actually Works
26:55 Is Self-Custody Still the Safest Way to Hold Bitcoin?
33:44 Building Bank Accounts for AI Agents
40:37 Who Is Responsible When an AI Agent Makes a Financial Mistake?
43:20 Will Tokenization Actually Create Value for ETH and SOL?
45:24 Where Bitcoin Fits Into the Future Financial System
47:07 Quantum Computing and Bitcoin Security
48:57 What Anchorage Is Building Next
In July @nathanmccauley told @_TalkingTokens the plan was always to earn trust by doing the hard thing first.
Receiving our federal charter was the first hard thing.
Today that looks like a swap dealer application filed with the CFTC.
NEW: @Anchorage has filed to register a swap dealer with the CFTC
Anchorage Digital Swap Dealer, LLC submitted the application to the National Futures Association today. It hasn't been approved yet, and the NFA is still reviewing it.
If registration clears, CEO @nathanmccauley has said the firm expects to offer European-style bitcoin and ether options with maturities of up to one year.
When Nathan came on @_TalkingTokens in July, he said the plan was always to earn trust by doing the hard thing first.
"The hardest thing in crypto was to run a custodian and be regulated at the federal level... but now what we're seeing is that people are willing to trust us with so much more." xitter.twitterapi.xyz/_TalkingTokens/status/…
“A hundred million dollars of collateral in a smart contract on the internet” is still a frightening sentence on most financing desks.
Anchorage Digital's Head of Tokenization, Dan Phillips, on this week’s Vibestream: Atlas makes on-chain settlement and financing look like the process those desks already run.
"Every new Congress is a little younger than the last. Every new Congress knows the technology a little better."
@kevwysocki on @paulbarron on why that trend line matters more than any single vote for getting digital asset laws on the books 👇
Anchorage Digital has submitted its application for swap dealer registration to support our continued growth as a leader in the options space, scaling past the $8B CFTC’s threshold for US based clients.
Anchorage Digital Swap Dealer, LLC has submitted its application to the National Futures Association (NFA) for swap dealer registration with the Commodity Futures Trading Commission (CFTC), aiming to offer institutions a regulated framework for trading digital asset derivatives, the same federal derivatives framework that governs the largest dealers in traditional markets.
Read why we registered and what it means for clients: anchorage.com/press-room/anc…
"Tokenization runs on trust, and trust compounds slowly."
@johnhoffman2038 of @Ondo on this week’s Vibestream: consistent good outcomes for clients, year after year, and capital finds its way to where it's treated best.
Crypto spent years talking to banking and finance committees. Our Head of Policy, @kevwysocki, tells @paulbarron the next conversation is with intelligence and Homeland Security.
Blockchains have a national security story to tell, and we've been preparing for years to disclose it.
More below👇
Ondo x Anchorage xitter.twitterapi.xyz/i/broadcasts/1vJpPNyOW…
