Anchorage Digital says client assets are safe after Binance incident, details hardware-based custody controls

Anchorage Digital's co-founder stated client assets at its U.S. bank and Singapore entity are safe, segregated and secure following last week's security incident at another firm. Reports indicate a single engineer's compromised device was the entry point, with keys never exposed. The author argues the industry's weak link is now access controls and approval software, not key protection. Anchorage details hardware-based custody: keys in air-gapped HSMs, biometric-bound multi-party approvals, behavioral analytics, hardware-enforced quorum rules, and nearly six years of OCC supervision under a federal charter. The post invites clients reassessing security to contact the firm and argues for bringing more digital asset activity inside the U.S. regulatory perimeter.

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