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Anchorage co-founder sees 'tons of opportunity' as it expands into Asia

Published 10/04/2022, 10:37 PM
Updated 10/05/2022, 12:20 AM
Anchorage co-founder sees 'tons of opportunity' as it expands into Asia

Anchorage Digital co-founder and president Diogo Mónica believe there is immense opportunity in Asia’s institutional investors, with the digital asset infrastructure provider on Oct. 5 announcing a “major expansion” of its platform into the region.

Speaking to Cointelegraph, Mónica said the company chose Singapore as a “jump point” into the wider Asia market as the country has become a hub for crypto companies and has a strong regulatory environment. Anchorage is currently undertaking the application process with the Monetary Authority of Singapore (MAS), the city-state's central bank.

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