Anchorage Digital has announced support for Tron (TRX) custody and staking, becoming the first federally chartered U.S. crypto firm to bring the Tron network inside a regulated institutional framework. The move signals a shift for one of the industry’s most active blockchain ecosystems, which has historically operated largely outside the United States.
Institutional Custody Expands Access to Tron Ecosystem
Founded in 2018, Tron has grown significantly, driven largely by stablecoin activity. Approximately $84 billion in USDT currently circulates on the Tron network, exceeding the amount held on Ethereum. As part of the integration, Anchorage will support TRX custody on its main platform and Porto institutional wallet, with support for additional TRC-20 tokens and native staking expected to roll out in phases.
Regulatory Scrutiny and Compliance Considerations
Tron and its founder, Justin Sun, have faced scrutiny over potential links to illicit finance and sanctions evasion. Earlier in March, the U.S. Securities and Exchange Commission dismissed securities-related claims against Sun and the Tron Foundation. Meanwhile, Rainberry, the parent company of BitTorrent, paid a $10 million fine related to undisclosed token promotions.
Growing U.S. Institutional Integration
Anchorage’s support could mark a turning point for Tron’s institutional adoption in the U.S., potentially easing regulatory barriers that previously limited access for regulated entities.
Disclaimer
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