The asset manager said the addition of Anchorage Digital alongside Coinbase and Gemini is intended to diversify custody arrangements across its digital asset funds.
Purpose Investments said that it has become the first digital asset exchange-traded fund (ETF) manager in Canada to operate a three-sub-custodian model for its digital asset ETFs, following the appointment of Anchorage Digital Bank as an additional sub-custodian from 21 July. Anchorage Digital joins Coinbase and Gemini in providing custody services for the firm’s digital asset funds The company said that Anchorage Digital joins Coinbase and Gemini in providing custody services for the