Anchorage partners with TaxBit to deliver comprehensive compliance capabilities
Anchorage Digital has launched a registered investment advisor (RIA) and partnered with TaxBit for compliance. Since the recent SEC custody rule proposal, demand has increased significantly for RIAs and Anchorage Digital, as an OCC-chartered digital asset bank is enabling access to the digital asset class with safe, secure, and regulated infrastructure. Partnering with TaxBit has helped Anchorage Digital to provide an RIA with best-in-class compliance features across tax and accounting.
“TaxBit and Anchorage Digital have always shared a similar commitment to building an industry-leading regulatory stack to drive crypto adoption and innovation. Joining forces is critical to give RIAs the compliance features they need to participate in the digital asset economy. We are proud to welcome clients of Anchorage Digital into the TaxBit ecosystem.”
—Lindsey Argalas, CEO of TaxBit
Anchorage Digital is a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions. With the only federally chartered crypto bank in the US, as well as Anchorage Digital Singapore, which offers equivalent security and service standards, Anchorage Digital delivers an unparalleled combination of secure custody, regulatory compliance, and platform capabilities
TaxBit helps enterprises reduce manual work, improve operational efficiencies, and meet current and future regulations across tax and accounting verticals. As the industry leader in digital asset compliance, TaxBit has built a complete, end-to-end solution from onboarding customers to meeting information reporting for taxes as well as an accounting platform that aggregates data and securely integrates with your entire financial stack.