DeFi and Ethereum ecosystem activity is expanding
Anchorage Digital has announced the addition of Tron (TRX) custody services, enhancing institutional access to the Tron blockchain. This integration allows institutions to hold TRX in a compliant manner and will later expand to include TRC-20 assets and native TRX staking, marking a significant step in bridging traditional finance with the crypto ecosystem.
The move is particularly relevant as Tron has emerged as a critical network for stablecoin transactions, with its stablecoin supply now exceeding $86 billion—over a quarter of the total stablecoin market. By providing a regulated framework for TRX custody, Anchorage aims to attract institutional investors seeking transparency and compliance in their crypto dealings, further solidifying the institutionalization of stablecoins as foundational elements in financial infrastructure.
Market professionals should note that this development not only broadens the investment landscape for institutions but also underscores the growing importance of compliance-focused crypto services as stablecoins evolve into mainstream financial instruments.
Source: coindesk.com