Purpose Investments Becomes First Digital Asset ETF Manager in Canada to Operate a Three-Sub-Custodian Model, Adding Anchorage Digital Bank
you are currently viewing:Purpose Investments Becomes First Digital Asset ETF Manager in Canada to Operate a Three-Sub-Custodian Model, Adding Anchorage Digital BankJuly 21, 2026--Purpose Investments Inc. ("Purpose"), manager of various digital asset ETFs (the "Digital Asset Funds") today became the first digital asset ETF manager in Canada to custody assets of its digital asset ETFs across three independent, institutional-grade sub-custodians, with the appointment of Anchorage Digital Bank N.A., America’s first federally chartered crypto bank, effective as of July 21, 2026. Anchorage Digital joins Coinbase and Gemini, which currently act as sub-custodians to the Digital Asset Funds. Purpose, Anchorage Digital, and Cidel Trust Company, the custodian of the Digital Asset Funds, have entered into an agreement pursuant to which Anchorage Digital acts as an additional sub-custodian for the Digital Asset Funds. Source: Purpose Investments Inc. |
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