Anchorage Digital has reduced costs for institutional crypto custody services, offering a 40 basis point rate for clients with at least $1.1 million in assets during May, providing access to yield products, advisory services, and borrowing capabilities.
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Big news: I'm cutting costs for XRP institutional custody.Added:
happy.
So, you know, there's been some larger accounts out there that have been like, "Ah, I don't know. I don't want to move in until you have the yield product.
It's going to cost me too much." Uh we're reducing those costs for people.
If you do want the peace of mind that institutional custody at Anchorage brings and the advisory, the ability to borrow against your assets, and ability to participate in the other products that we have, so um excited for that. Again, I finally got my team to move move on that one. Uh we'll be running that for the whole month of May.
So, if you do have at least 1.1 million, uh even after price appreciation if it were to happen in, you know, the not-too-distant future, we will honor the 40 bips for you when you come over.
So, excited about that, excited about the yield products, and other things that we're working on. Uh again, pushing as hard as I can
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