Digital bank Anchorage offers Ethereum-backed loans to institutions
Crypto custody bank Anchorage Digital is expanding its services into crypto-backed loans for institutional investors.
Clients at Anchorage can now access a line of USD credit backed by Ethereum through its partnership with U.S. commercial bank BankProv.
Anchorage Financing will introduce a simple way for investors to put their Ethereum holdings to work, enabling them to access USD to meet their needs without liquidating their holdings.
