BlackRock Adds Anchorage Digital to Watch Over Its Bitcoin — Dual Custodian Setup Unlocked
April 8, 2025 — Digital Asset Vibes
BlackRock, the big boss of asset management, just made a power move in crypto custody. They’ve officially added Anchorage Digital Bank N.A. as a new guardian for their iShares Bitcoin Trust ETF (IBIT). Yup — BlackRock’s now running a dual-custodian squad with Anchorage tagging in alongside Coinbase. That’s some real “can’t let this bag drop” energy.
This collab was made public through a Form 8-K filing dated April 7. The vibe? More resilience, tighter security, and fewer chances of things going sideways with IBIT’s Bitcoin holdings.
Why Anchorage? Well, they’re literally the only U.S. federally chartered digital asset bank. They don’t just hold coins — they handle staking, settlements, custody, and even on-chain governance like it’s no big deal.
📢 BlackRock’s Head of Digital Assets, Robert Mitchnick, said it best:
“After a thorough evaluation, Anchorage Digital clearly meets these standards.”
Translation: Anchorage passed the vibe check
This comes fresh off BlackRock getting the green light from the UK’s Financial Conduct Authority to run crypto plays across the pond. Their iShares Bitcoin ETP (ticker: IB1T) already hit the scene in Paris and Amsterdam — complete with a limited-time fee-free rollout. Classy.
Big Picture
BlackRock isn’t just dipping toes into crypto — they’re doing full cannonballs. The Anchorage partnership shows they’re stacking serious infrastructure to serve both retail and institutional investors who are hungry for its exposure.
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