Crypto Guradian Anchorage Adds 5 more DeFi Tokens

Another sign of the development of "institutional DeFi" is that the regulated custodian, Anchorage, adds 1INCH, BNT, CRV, REN and SUSHI.

Anchorage is adding five more Decentralized Finance (DeFi) tokens to its vaults, with a focus on Decentralized Exchanges (DEX) and Automated Market Makers (AMM), which are the heart of DeFi.

Investments in DeFi have grown at an explosive rate, with over $ 85 billion locked in the Ethereum DeFi ecosystem at the time of writing. Anchorage pointed out on his blog that the DeFi ecosystem has grown more than ninefold since Guardian added support for Uniswap, Yearn, and others late last year.

In general terms, this is all based on customer demand for these tokens,” Anchorage CEO Nathan McCauley said in an interview, adding:

“Sometimes it even surprises me how sophisticated people are and how much they want to do it. For example, we store the Bitwise DeFi index and traditional hedge funds come and want to buy these tokens and even

“To support these assets, you need to navigate them through a comprehensive end-to-end asset support scheme based on due diligence,” McCauley said. "This is a condition for us to have the charter of the Federal Bank."