Anchorage Digital is adding support for the TRON blockchain to expand U.S. institutional access.

Institutions can now custody TRX, TRON's native token, through its platform and self-custody wallet, Porto. Future updates will include support for TRC-20 tokens and native TRX staking.

This integration strengthens Anchorage's role as a key regulated infrastructure provider for TRON in the U.S. as it expands into institutional markets.

TRON is widely used globally, particularly for stablecoin activity and high-volume transactions.

"TRON is one of the most widely used blockchain networks globally, and its ecosystem continues to play an important role in the growth of digital assets and stablecoins," said Anchorage Digital co-founder and CEO Nathan McCauley.

TRON founder Justin Sun said the partnership reflects a broader shift as institutions seek more reliable blockchain infrastructure. 

"Institutional access to blockchain infrastructure is entering a new phase," he said, pointing to TRON's role in powering large-scale digital asset activity, including payments and stablecoins.

TRON is a major hub for Tether (CRYPTO: USDT), hosting tens of billions of dollars in circulating supply. Anchorage's planned support for TRC-20 assets is expected to strengthen custody options for stablecoins on the network, as demand grows for secure transfer and storage solutions.

The announcement comes days after Anchorage said it had expanded its Atlas network to include a new collateral management service, designed to provide round-the-clock infrastructure for crypto-backed lending.

Earlier this week, Anchorage announced that it expanded its Atlas network to include an institutional-grade collateral management service, designed to offer secure, 24/7 infrastructure for managing digital asset collateral in response to the growing demand for crypto-backed lending.

In addition to launching TRON blockchain, Sun also founded the TRON Foundation, which supports the blockchain's development. He’s also involved in the publicly traded TRON (NASDAQ:TRON), which focuses on business and commercial ventures related to blockchain and cryptocurrency.

Photo: Shutterstock