22 Nov
22Nov

Anchorage Digital, the federally chartered crypto bank, has significantly broadened its support for the Hyperliquid ecosystem, catering to growing institutional demand for DeFi and yield-generating services.

Key Highlights:

  • Expanded Hyperliquid Support: Anchorage now offers HYPE staking on HyperCORE, complementing its existing HYPE custody services on HyperEVM.
  • Staking Access:Staking services, which involve locking crypto to secure a network and earn rewards, are available through:
    • Anchorage Digital Bank (US).
    • Anchorage Digital Singapore (holds a Major Payment Institution license).
    • Porto, its self-custody wallet.
  • Infrastructure Partnership: The bank is collaborating with staking infrastructure provider Figment to manage the underlying validator operations.
  • Wider DeFi Access: With both custody and staking live on HyperEVM and HyperCORE, Anchorage can support a broader range of Hyperliquid activities, including access to its DeFi ecosystem and custody for tokens like Kinetiq.
  • Hyperliquid Architecture: Hyperliquid is a Layer 1 blockchain powering a decentralized exchange, utilizing HyperEVM for Ethereum smart contracts and HyperCORE for native staking.
  • Growing Institutional Trend:This move underscores the broader trend of institutional platforms integrating DeFi infrastructure. Other recent examples include:
    • Crypto.com and Coinbase adding support for the Morpho decentralized lending protocol to offer stablecoin yield.
    • Threshold upgrading its tBTC bridge to ease the deployment of large Bitcoin holdings into DeFi.

Anchorage Digital's initiative reflects a surge in institutional engagement with DeFi lending protocols, fueled by increased use of stablecoins and tokenized Real-World Assets (RWAs). This follows Anchorage's recent partnership with Mezo, a Bitcoin-backed borrowing platform.

November 2025, Cryptoniteuae

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