BOB will offer institutional access to its gateway to Bitcoin DeFi through a partnership with Anchorage Digital, the leading platform for institutional digital asset infrastructure.
Opening institutional access marks a major milestone in BOB’s mission to unlock real utility for the world’s most important digital asset, Bitcoin. The partnership will provide secure entry points for institutional investors and accelerate the expansion of Bitcoin DeFi, powered by Anchorage Digital’s institutional-grade custody infrastructure.
The total value locked in true Bitcoin DeFi has surged from $200M to over $8B in the past 18 months, yet that still accounts for just 0.3% of Bitcoin’s market cap, highlighting an exponential opportunity for growth. In tandem, institutional interest in Bitcoin is shifting beyond passive exposure to infrastructure for yield generation and DeFi activity. To meet this demand, BOB will now provide institutions with a secure gateway to its $250M+ TVL Bitcoin DeFi ecosystem – the safest and easiest way to earn with Bitcoin.
Anchorage Digital will provide its institutional clients with BOB custody support through:
- Anchorage Digital Bank NA – the only U.S. federally chartered crypto bank
- Anchorage Digital Singapore – a MAS-licensed Major Payment Institution
- Porto by Anchorage Digital – an institutional-grade self-custody wallet, built with Anchorage Digital’s security
Alexei Zamyatin, Co-Founder of BOB said: “We’re excited to work with Anchorage Digital to offer leading institutions access to BOB from a trusted platform. Our vision is to put Bitcoin at the heart of DeFi, providing institutional and retail investors with the safest place to earn yield on their BTC. BOB’s Hybrid Chain fuses the best of Bitcoin and Ethereum. This means that every step of the Bitcoin DeFi journey will be secured by billions of dollars of staked Bitcoin, including depositing native BTC, deploying in DeFi on BOB and even bridging to other smart contract chains. This is the level of security required by top institutions if they are to pursue Bitcoin yield. Anchorage Digital creates a vital entry point for institutions to BOB’s $250M TVL DeFi ecosystem, providing reliable asset support for protocols, and being a proven and trusted partner for institutions.”
Nathan McCauley, CEO of Anchorage Digital: “We’re at the cusp of a Bitcoin DeFi revolution, and innovators like BOB are expanding Bitcoin’s role beyond a store of value. As smart contract capabilities mature, they unlock new applications that combine Bitcoin’s security with fresh utility—and open the door for institutions and holders to participate in meaningful ways. We’re proud to support teams like BOB with a full-stack solution for launching and growing their projects.”
The partnership follows a string of major milestones for BOB. These include launching the first hybrid ZK roll-up, a $21 million raise from leading investors, and the launch of native Bitcoin DeFi on testnet with Lombard, Amber Digital, and RockawayX, powered by its BitVM bridge. BOB also recently integrated LayerZero, unlocking 1-click native BTC access across 11 chains.
Institutions can access BOB from Anchorage Digital’s custody platform and the self-custody wallet Porto, taking advantage of industry leading security blending quorum-based approvals, HSM infrastructure, advanced biometrics and behavioural analytics.