Anchorage Digital is expanding its institutional custody universe to include Tron, opening a regulated on-ramp for U.S. institutions to hold and eventually stake TRX, the blockchain’s native token.
The crypto custodian — notable for being the first crypto firm to receive a U.S. banking charter — said it will begin by offering institutional custody for TRX through its platform and its self-custody wallet, Porto. Support for TRC‑20 tokens (Tron’s token standard) and native TRX staking are slated to follow in later rollout phases.
Tron’s appeal to institutional players is clear: it has become one of the busiest rails for stablecoins and crypto payments. DeFiLlama data shows stablecoin supply on Tron has climbed steadily over the past three years and now sits at roughly $86 billion — more than a quarter of all stablecoins in circulation. Anchorage frames its new integration as a compliance-focused bridge that brings “one of crypto’s largest ecosystems into an institutional framework,” said CEO Nathan McCauley.
The rollout will be phased: custody for TRX first, then custody for Tron-based TRC‑20 assets, and finally institutional staking options for organizations that want to earn rewards while participating in network validation.
Anchorage already supports a broad range of networks used by institutional clients, including Ethereum, major layer‑2s such as Arbitrum, Optimism, Base and Linea, as well as Bitcoin, Solana, Avalanche and BNB Chain. Adding Tron extends its coverage into a payments-heavy ecosystem where demand for compliant custody and staking services is rising.
For institutions weighing exposure to Tron’s fast-growing stablecoin economy, Anchorage’s move delivers an on-chain access point wrapped in regulated custody and familiar institutional controls.
Read more AI-generated news on: undefined/news
