What will happen to the platform that experienced a 4500% growth after the federal chartered crypto bank acquired the wealth management division?

Question

【Crypto World】The federal licensed crypto banking circle is making another big move. Anchorage Digital has acquired the wealth management division of Securitize, including the entire team and front-end systems. In simple terms, Anchorage plans to bundle its regulated custody services with the other party’s technology platform to provide a one-stop service for registered investment advisors (RIA).

Looking at the numbers, Securitize For Advisors grew over 4500% last year, making it a high-speed growth player. Interestingly, these assets were already 99% custodied at Anchorage before the acquisition, in other words, it was an internal integration.

Anchorage CEO Nathan McCauley said this is to create a “first-class solution” for wealth management institutions. Meanwhile, Securitize’s parent company plans to go public via SPAC with a valuation of $1.25 billion. After selling this business, they intend to focus on the tokenization track. So this is a mutually beneficial deal—Anchorage aims to capture the wealth management market, while Securitize concentrates on tokenization business.

APY追逐者 · Accepted Answer

Is a 4500% increase really that impressive? It seems like this number can be exaggerated easily. I'm optimistic about Anchorage's ability to truly integrate, but let's not just talk on paper again.

GasFeeVictim · Answer

A 4500% increase is a bit outrageous. Is it real or not? After the merger, what can happen? Whether RIA们 will buy in or not is the key.

StakeTillRetire · Answer

What does a 4500% increase indicate? The base is small. I am not optimistic about such mergers and acquisitions.

GasGuru · Answer

Wow, a 4500% increase. Securitize is about to take off... But being acquired by Anchorage is also pretty reliable. No more worries about regulatory compliance now.

gas_fee_therapist · Answer

4500% growth has been "integrated," feels like big fish eating small fish, Securitize might suffer heavy losses in this round.

SorryRugPulled · Answer

A 4500% growth sounds impressive, but can this kind of internal integration really retain those users? I'm skeptical.

P2ENotWorking · Answer

A 4500% growth was directly acquired; you still have to play with the big players in this business.