Federally chartered crypto bank Anchorage Digital said in a press release on Monday that it has acquired the Securitize For Advisors (SFA) business unit from Securitize, bringing in-house a crypto wealth management platform built for registered investment advisors (RIAs).
Financial details of the acquisition were not disclosed.
The acquisition formalizes the existing relationship between the two companies. Anchorage Digital Bank already hosts 99% of Securitize For Advisors’ client assets, and SFA has been operating on top of Anchorage’s infrastructure.
“RIAs are driving one of the most significant waves of cryptocurrency adoption,” Anchorage Digital co-founder and CEO Nathan McCauley said in a press release. “By combining Anchorage Digital’s federally regulated custody platform with SFA’s technology and expertise, we are building best-in-class solutions for wealth managers and their clients.”
The deal underscores the companies’ existing partnership and gives Anchorage Digital a clearer role in the wealth management space, adding a unified platform that brings together trading, custody and client-facing tools for advisors, while allowing Securitize to focus on its tokenized business.
Tokenization is the process of converting real-world assets such as stocks, bonds, real estate, private equity, and art into digital tokens recorded on a blockchain.
Securitize co-founder and CEO Carlos Domingo said the move is intended to allow Securitize to focus on its core tokenization business while providing SFA with more dedicated resources in Anchorage.
The deal is Anchorage Digital’s second acquisition in 2025, following its acquisition of stablecoin issuer Mountain Protocol in May.
Launched in 2021, SFA allows RIAs to provide clients with exposure to digital assets. According to the company, the platform’s net new deposits and assets under management have grown by more than 4,500% over the past 12 months, compared with overall RIA industry growth of 16%.
Read more: Cryptocurrency investment firm Blockstream to acquire TradFi hedge fund Corbiere Capital