Anchorage acquires Merkle Data and embarks on crypto-trading

Anchorage acquired the cryptographic data provider Merkle data. California crypto-custody specialist also rolled out a new brokerage service called Anchorage Trading and dedicated to institutional investors.

Supported by Visa and Andreessen Horowitz, Anchorage quickly became the conservation service of crypto-currencies preferred by the great fortunes of the sector.

On its website, the firm introduced Anchorage Trading, its new crypto-brokerage service for institutional investors.

"Anchorage customers can now sell and buy cryptocurrencies through our expert traders," the company wrote.

Unlike the majority of OTC desks for digital assets, Anchorage charges fees as an agent rather than as a principal.

At the same time, the cryptocurrency security expert announced the takeover of the New York startup Merkle data to strengthen its new trading offer.

We join forces to pursue our common mission of serving institutional investors in cryptocurrency. Merkle data developed the market-leading risk and data solution, whileAnchorage has built the most advanced storage solution in the world, ”commented Louis Baudoin, director of Merkle Data.