Crypto Finance Launches AnchorNote

Deutsche Börse’s Crypto Finance has launched AnchorNote, which the firm says is a custody-native pledging solution to enable off-exchange settlement and yield enhancing services by acting as the collateral custodian.

The solution deploys BridgePort as the middleware service provider for off-exchange settlement, connecting to multiple venues at once, and enables institutional clients to trade digital assets across multiple venues without moving assets out of custody. The initial rollout focuses on Switzerland with plans to expand into Europe next, offering regulated institutions a new level of capital efficiency and security, the firm says.

The setup will allow clients to trade on dedicated trading lines, with BridgePort acting as the coordination layer that facilitates messaging via integrations with multiple venues and Crypto Finance acting as the collateral custodian – creating an end-to-end, off-exchange settlement infrastructure that meets institutional standards.

This supports a speedy reallocation of collateral among different venues, accessible both via a UI for onboarding and an API for institutions with existing infrastructure, the firm observes.

“With Crypto Finance AnchorNote, we are closing a critical gap between custody and capital efficiency,” says Philipp Dettwiler, head of custody and settlement at Crypto Finance. “Together with BridgePort, we are delivering an integrated solution that allows institutional clients to operate securely, flexibly, and in real time.”

Nirup Ramalingam, CEO of BridgePort, adds, “This infrastructure lays the groundwork for scalable asset mobility needed by institutional traders.”