Welcome to the Tearsheet Podcast. I’m Tearsheet editor in chief, Zack Miller.

We’re at an inflection point right now when it comes to blockchain technology. There are a handful of technology partners that, instead of bypassing the traditional financial industry, are working together with it. Anchorage is one of those firms. As the sole digital asset firm with a national banking license, it works with FIs to provide crypto custody, trading, staking, governance and more. At the end of 2021, it raised a $350 million round, valuing the firm at $3.5 billion. It’s just getting started, as banking slowly opens up to what appears to be the future for the industry, clients, and the world, frankly.

Anchorage co-founder and president Diogo Mónica joins me on the podcast to review where we are at this moment in time regarding Web3 and its connection to the incumbent financial industry. Diogo shares some milestones that Anchorage and the industry have hit and then looks toward the future for a snapshot of what it may look like for his institution, for banking in general, and for all kinds of customers.

Diogo Mónica is my guest today on the Tearsheet Podcast.