Crypto Custody and Institutional Adoption

The year is 2023 and crypto prices are rising, so why are we approaching private key management like the pirates secured gold in the 1700s?

In this episode, Ian Andrews (CMO, Chainalysis) gets a crash course in crypto custody from Diogo Mónica (Co-Founder and President) of Anchorage Digital who are the industry leaders when it comes to crypto custody for institutions. 

Diogo explains the need for better private key management and the security challenges faced by institutions in the crypto industry and highlights the importance of Anchorage's federal bank charter and its role in providing trusted custody services to large institutions.

He also touches on the crypto regulatory landscapes in USA, Singapore and the EU and the impact on Bitcoin and Ethereum ETFs in the industry, while acknowledging the security issues in DeFi and need for better programming languages.

Minute-by-minute episode breakdown

• (2:10) - Diogo's journey from Docker to the world of crypto and founding Anchorage 
• (5:43) - The need for better private key management in crypto 
• (9:20) - The counterintuitive decision to become a bank in the crypto industry
• (16:40) - Flight to safety and increased trust in federal banks during banking turmoil
• (19:15) - Importance of Ethereum's successful transition to staking 
• (25:32) - Potential impact of Bitcoin and Ethereum ETFs on Anchorage and the industry
• (29:13) - Discussion on the regulatory landscape in the USA, Singapore and the EU
• (33:45) - Security issues in DeFi and need for better programming languages
• (37:52) - Partnership with Eaglebrook Advisors for crypto RIAs
• (41:59) - Excitement for regulatory clarity and stablecoin use cases in the crypto industry

Related resources

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

• Company Website:  Anchorage Digital: Crypto for institutions
• Personal Website: Hi, my name is Diogo Mónica
• Announcements: Anchorage Digital and Eaglebrook Advisors Partner to Offer Crypto SMA Platform for Wealth Managers
• Blog: Eight Questions: Diogo Mónica, Co-Founder and President, Anchorage Digital
• Article: Anchorage Digital launches custody and trading separately managed accounts for registered investment advisors
• CoinDesk Article: What an SEC Proposal Means for RIAs in Crypto
• Conference: Chainalysis Links NYC 2024 Conference (Register Today !!)
• Post: Crypto Update:The Monetary Authority of Singapore has concluded its public consultation
• YouTube: Chainalysis YouTube page
• Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain
• Tik Tok: Building trust in #blockchains among people, businesses, and governments
• Telegram: Chainalysis on Telegram

Speakers on today’s episode

• Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) 
• Diogo Mónica (Co-Founder and President, Anchorage Digital)

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