Anchorage Digital launches venture capital arm to support early-stage on-chain protocols

Anchorage Digital, a leading cryptocurrency custody unicorn, has established a venture capital arm to support early-stage protocol teams. Called Anchorage Digital Ventures, the arm will provide financial and strategic support to founding teams building on-chain infrastructure. Anchorage stated that the program aims to help protocols become "institutionally ready from day one" and offer support beyond financial investment.