XION, a walletless blockchain platform, announced its native token's support by Anchorage Digital, a federally chartered crypto bank. This integration allows institutional investors to securely custody, stake, and trade XION without traditional exchanges, ensuring compliance with regulatory requirements. Asset managers and firms can now seamlessly engage with the XION ecosystem, leveraging Anchorage's custodial framework, facilitating blockchain adoption for large, regulated investors. Major brands are utilizing XION's technology, which underscores the importance of institutional-grade services in propelling Web3 advancements in a compliant manner.
With trusted platforms like Anchorage Digital, the gap between the legacy web and the next generation of blockchain applications is being narrowed.
Providing secure access to XION from a qualified custodian opens doors for asset managers, venture capital firms, and other institutional participants to engage with the ecosystem.
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