Anchorage Digital is pleased to share that Apollo (NYSE: APO), a leading alternative asset manager, has chosen Anchorage Digital as a qualified custodian to safely store crypto assets.

As the nation’s first federally chartered digital asset bank, Anchorage expects to custody a significant portion of the alternative asset manager’s digital asset portfolio.

Anchorage Digital is a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions. With the first federally chartered crypto bank in the US, Anchorage offers institutions an unparalleled combination of secure custody, regulatory compliance, product breadth, and client service.

Founded in 2017, Anchorage is valued at over $3 billion with funding from leading institutions including Andreessen Horowitz, GIC—Singapore’s sovereign wealth fund, Goldman Sachs, KKR, and Visa. Headquartered in San Francisco, California, Anchorage is remote-friendly with offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota.