RATE Group | Anchorage supports Compound and TrustToken at launch
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Anchorage supports Compound and TrustToken at launch

Anchorage supports Compound and TrustToken at launch

Institutional cryptocurrency custodian, Anchorage, has announced that it will support Compound’s governance token (COMP) and TrustToken (TRU) at their respective network launches.

Anchorage has now added five tokens since the turn of the year with Celo being supported before its launch alongside COMP and TRU.

The firm outlined its pride at continually meeting the roadmap especially in light of the very real challenges the current pandemic presents.

“Institutional investors have come to expect prompt support for promising blockchain protocols, and we’re proud to offer our clients the ability to gain exposure to many emerging networks as soon as they go live.” Anchorage said in a statement.

“Support for this particular pair of tokens represents a continued investment in the burgeoning DeFi space—in protocols that are really about unlocking new applications in finance, and the true value of investor holdings. ”

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