Anchorage Digital, the only federally regulated cryptocurrency bank in the United States, has been selected by Australia’s MHC Digital Group to serve as its digital asset custodian. The mandate covers MHC’s institutional trading platform, MHC Markets, and is intended to bolster the company’s custody infrastructure as regulatory expectations rise.
MHC Digital Group launched MHC Markets in late 2024 to serve Australia’s wholesale and institutional digital asset sector. With custody emerging as a critical focus area ahead of Australia’s incoming regulatory framework, the partnership with Anchorage is aimed at delivering the controls and compliance standards institutional investors demand.
“We’re bringing one of the world’s most battle-tested custody solutions to Australia”
Edward Carroll, Head of MHC Markets, commented, “Wholesale and institutional investors in Australia require more than just access—they should have confidence in the infrastructure behind their digital asset exposure. By selecting Anchorage Digital, we’re bringing one of the world’s most battle-tested custody solutions to Australia.”
He added, “This collaboration reflects where the market is heading—regulated, secure, and fully integrated infrastructure that supports institutional growth. The timing aligns with the Australian government’s commitment to implementing a digital asset regulatory regime this year, further validating the need for solutions like ours. We’re creating a scalable, high-trust foundation for the next wave of digital asset adoption across the region.”
The Australian government is expected to introduce legislation in the upcoming financial year that will set standards for the custody of digital assets, prompting institutions to reassess their operational partners. With increasing focus on regulatory compliance, risk management, and investor protection, firms like MHC are building their platforms around licensed infrastructure providers.
Anchorage Digital is a U.S.-based digital asset platform that holds a national trust charter from the Office of the Comptroller of the Currency, making it the only federally regulated cryptocurrency bank in the country. The firm offers custody, trading, staking, and infrastructure services for institutions investing in digital assets.
Anchorage serves a range of institutional clients, including banks, venture funds, and asset managers, and is known for its regulatory-first approach. The company provides secure custody of crypto assets through a combination of hardware security modules and advanced cryptographic techniques. Its federal oversight allows it to meet the compliance standards required by some of the largest financial institutions and government-backed initiatives.
