Anchorage Digital, the first federally chartered digital asset bank in the United States, has added custody support for the TRON blockchain and its native TRX token. This marks the first time a regulated U.S. crypto infrastructure provider has integrated the TRON network, effectively lowering a significant barrier that has limited institutional engagement due to compliance concerns.
The integration provides institutional-grade custody for TRX, with plans for phased rollouts to include support for TRC-20 tokens—the standard for assets like Tether (USDT) on TRON—and native staking capabilities. Anchorage's move is a direct response to growing institutional demand for regulated access to one of the most actively used blockchains, particularly for stablecoin flows. TRON hosts approximately $84 billion in circulating USDT supply, surpassing Ethereum in total USDT usage.
"As TRON expands its presence in the U.S., institutions need trusted infrastructure to securely custody assets and participate in the network," said Anchorage co-founder Nathan McCauley. "By supporting TRON on Anchorage Digital’s regulated platform, we’re helping bring one of crypto’s largest ecosystems into an institutional framework." TRON founder Justin Sun also commented, stating the platform provides a "strong regulated foundation that helps expand secure institutional access."
The development comes despite ongoing regulatory scrutiny surrounding TRON and its founder. While the U.S. Securities and Exchange Commission recently dropped certain securities-related claims against Sun and the Tron Foundation, political attention remains, with lawmakers like Senator Elizabeth Warren questioning the decision. Previously, compliance concerns led major platforms like Coinbase to delist TRX in 2023.
Analysts view this integration as part of a broader trend of crypto assets being woven into traditional financial frameworks. It reflects a pattern where regulated entities are expanding coverage to networks once considered higher risk, with regulatory complexity—not technical readiness—being the primary historical barrier.