Anchorage Digital acquires Hedgey, a token equity structure management startup.

Anchorage Digital announced its acquisition of Hedgey, a token equity structuring startup. This is its second acquisition this week, following its acquisition of Securitize's wealth management division on Monday. Terms of both deals were not disclosed. Hedgey's platform manages token allocation, distribution, and vesting timelines, facilitating token generation events (TGEs) and post-launch tracking. Anchorage CEO Nathan McCauley stated that founders should focus on product, community, and user growth, rather than operational risk. Choosing the right infrastructure is crucial when dealing with the token economy. By integrating Hedgey and its experienced team, Anchorage aims to reduce "friction and errors" in token equity structuring, expand its role in token lifecycle management, create assets, and build custody and investment services around them.