Anchorage co-founder sees 'tons of opportunity' as it expands into Asia

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Anchorage Digital co-founder Diogo Mónica says there is 'tons of opportunity” in Asia as the company announces a major expansion in the region.

Anchorage Digital co-founder and president Diogo Mónica believe there is immense opportunity in Asia’s institutional investors, with the digital asset infrastructure provider on Oct. 5 announcing a “major expansion” of its platform into the region.the wider Asia market

as well, after speaking to regulators there, though he expects the company will need a more local presence. Mónica said however that Asian institutional investors have changed their tune on how they approached crypto investments after the wake of theHe said it was rarer for Asia-based institutions to care about the security of the assets up until recently, with a tendency of focusing more on product features. However, in the wake of the collapse and the resulting, the focus has shifted to regulation, risk management and business continuity.

 

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