Anchorage Digital, the first crypto company to obtain a US banking charter, said it will add support for the Tron blockchain, starting with institutional custody of TRX, the network’s native token.
The announcement provides institutions with a regulated way to hold TRX through the company’s platform and its self-custody wallet, Porto. Anchorage Digital said support for TRC-20 assets and native TRX staking will be added later.
Tron has become one of the busiest networks for moving stablecoins and other digital assets. Data from DeFiLlama shows that the supply of stablecoins on the network has grown steadily over the past three years and now stands at $86 billion. That’s more than a quarter of the total stablecoin supply.
Anchorage presents the integration as a compliance-focused bridge between traditional institutions and a network that has seen extensive use in crypto payments. CEO Nathan McCauley said the addition brings “one of the largest cryptocurrency ecosystems into an institutional framework.”
The launch will be carried out in stages. First comes TRX custody, with plans to add Tron-based TRC-20 assets later. This is followed by staking for institutions that want to earn rewards while participating in network validation.
Anchorage already supports major networks, including Ethereum and some of the largest Layer 2 networks such as Arbitrum, Optimism, Base and Linea. It is also compatible with bitcoin and solana tokens (SOL), and other major layer 1 networks like Avalanche and BNB Chain.
