Anchorage Digital wins custody mandate for MHC | Australian Markets
Australian digital belongings platform, MHC Digital Group, has chosen the US’ solely federally regulated cryptocurrency bank, Anchorage Digital, to tackle digital asset custody duties for the Australian wholesale and institutional market.
The custody mandate would apply to MHC’s digital belongings trading platform which launched late final yr, MHC Markets, and would search to strengthen MHC’s current “trading, technology and regulatory framework” by way of secure custody controls.
The deal comes because the Australian funds management industry prepares for digital asset custody laws to return into impact over the subsequent financial yr, as establishments additionally rely closely on stringent regulation and risk management procedures in place to take part in digital asset investment.
“Wholesale and institutional investors in Australia require more than just access—they should have confidence in the infrastructure behind their digital asset exposure,” Edward Carroll, Head of MHC Markets, mentioned.
“By choosing Anchorage Digital, we’re bringing one of the world’s most battle-tested custody options to Australia.
“This collaboration displays the place the market is heading—regulated, secure, and absolutely built-in infrastructure that helps institutional growth. The timing aligns with the Australian authorities’s dedication to implementing a digital asset regulatory regime this yr, additional validating the need for options like ours.
“We’re creating a scalable, high-trust foundation for the next wave of digital asset adoption across the region.”
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