FusionIQ, the cloud-based wealth management solutions firm, recently announced a collaboration with crypto platform Anchorage Digital – which is home to the only U.S. federally chartered digital asset bank meeting the black letter definition of a qualified custodian. The partnership will give financial advisors and institutions access to the regulated crypto ecosystem alongside traditional assets via the FusionIQ One wealth management platform.
“Integration with existing financial infrastructure is key to unlocking the next phase of digital asset adoption. By placing crypto alongside other traditional assets, our work with FusionIQ is a critical step toward streamlining digital asset access for financial advisors and institutions,” said Nathan McCauley, Co-Founder and CEO of Anchorage Digital.
According to the press release, the partnership is designed to provide streamlined access to crypto for RIAs and family offices seeking a single wealth management platform where they can access crypto, alternative assets and traditional investments in a safe, secure and compliant manner. The partnership is intended to break down compliance, infrastructure and operational barriers that may have held back some traditional institutions from engaging in the digital asset ecosystem.
“RIAs and their end clients need a crypto solution for today – and tomorrow. That is why we decided to partner with Anchorage Digital Bank, which shares our commitment to safe, secure and regulated financial infrastructure. Through our partnership with Anchorage Digital Bank, we are proud to provide RIAs with an opportunity for integration, through our Hybrid Digital Advice or finTAMP modules, while supplying their end clients with a reliable and regulated entry point into the digital asset ecosystem. Our partnership ensures financial advisors and institutions using the multi-custodian FusionIQ One platform are ready to participate in the next institutional-led crypto bull market,” said Mark Healy, CEO of FusionIQ.
The new partnership comes after Anchorage Digital launched a crypto separately managed account (SMA) solution for RIAs in November 2023, offering custody and trading capabilities for financial advisors and wealth managers.
