Anchorage Digital has made a significant move to support the TRON Network by introducing native TRX staking and custody for TRC-20 tokens. This new feature allows institutions to securely manage TRON-based assets while participating in staking directly through their existing platform. With this addition, organizations can earn protocol staking rewards, enhancing their engagement with the rapidly growing TRON ecosystem.
The initiative builds on Anchorage Digital's recent integration of custody support for the TRON blockchain. Earlier this year, they began allowing institutions to hold TRX via their regulated platform and self-custody wallet, Porto. Now, with staking capabilities included, clients can benefit from operational controls and regulatory compliance while tapping into the benefits of the TRON network.
Nathan McCauley, Co-Founder and CEO of Anchorage Digital, emphasized the demand from institutions to engage with leading networks that show substantial on-chain activity and adoption. This move is not just about custody; it represents a deeper involvement in a network regarded as critical to the stablecoin economy.
Justin Sun, Founder of TRON, acknowledged the importance of this expansion, stating that while custody is a foundational step, adding staking is vital for institutions pursuing further integration within the TRON ecosystem.
This article is for informational purposes only, not financial advice.
