Global #Anchorage Digital

PayPal has teamed up with Anchorage Digital to introduce a new rewards program for clients holding PayPal’s USD stablecoin (PYUSD).

Leading investment firm Paradigm Capital has transferred a substantial 19,504 ETH, valued at approximately $65.59 million, to the institutional-grade custody platform Anchorage Digital.

Anchorage Digital, the first federally chartered digital asset bank in the United States, has announced the appointment of Connie Shoemaker to its board of directors. Shoemaker brings a wealth of experience from her previous role as a senior executive at Goldman Sachs, where she held various leadership positions, including Chief Administrative Officer and Global Head of Strategy.

Through a collaboration with Arca Labs, Anchorage Digital is now custodial shares of a tokenized Treasury fund, with the goal of promoting institutional participation in the market.