Securitize to Mint Stablecoins Directly With Anchorage Digital Bank
Securitize moves stablecoin issuance to a federally chartered bank
Securitize, a platform that turns investment funds into blockchain tokens, said it will mint stablecoins directly with Anchorage Digital Bank. A stablecoin is a digital token designed to hold a steady value, usually tied to the US dollar.
The company said the dollars used to settle its trades will come from a federally chartered bank rather than through intermediaries. Securitize is the tokenization platform behind funds from BlackRock, Apollo and KKR.
What Securitize says it will do
- Mint stablecoins directly with Anchorage Digital Bank.
- Source the dollars that settle those trades from a federally chartered bank instead of intermediaries.
- The change applies to a platform tied to funds from BlackRock, Apollo and KKR.
What is confirmed
Securitize's plan to mint stablecoins directly with Anchorage Digital Bank, and to use a federally chartered bank as the source of settlement dollars instead of intermediaries, is stated in the source material. The source also identifies Securitize as the tokenization platform behind funds from BlackRock, Apollo and KKR.
What is still unclear
The source does not give a launch date, a timeline, the names of the stablecoins, or details on how the arrangement will work in practice. It also does not explain what prompted the change or what it will cost.
Why the settlement setup draws attention
Tokenization platforms help put traditional investments, such as funds, on a blockchain, a shared digital record of transactions. The dollars that settle those trades must come from somewhere. Moving that step to a federally chartered bank, as described in the source, replaces intermediaries in the process.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.