Anchorage Digital, a U.S.-regulated cryptocurrency custody firm, is now offering its clients yields of up to 40% through a strategic partnership with Hashnote, a digital asset manager supported by trading powerhouses Cumberland and DRW.

Innovative Yield-Generating Strategies

Hashnote Harbor, announced by the two companies, promises these returns via a suite of derivatives strategies, all while keeping the underlying assets securely within Anchorage Digital’s custody. According to a press release, participants can request bespoke structures to achieve specific yield targets or create customized hedges for their assets.

Appeal to Institutional Investors

This partnership is designed to attract institutional investors seeking diverse digital asset yield-generating options with minimal credit, custodial, or protocol risk.

“Integrating the advantages of traditional finance into the crypto ecosystem means benefiting from decentralization while achieving broad asset adoption,” explained Nathan McCauley, co-founder of Anchorage, in an interview. “There are time-tested, wise methodologies established by traditional capital markets over the past seven or eight decades.”

Regulatory Compliance and Strategic Vision

Both firms boast strong U.S. regulatory credentials: Anchorage holds a federal bank charter from the Office of the Comptroller of the Currency (OCC) as a crypto bank, while Hashnote is registered with the Commodity Futures Trading Commission (CFTC) as a Commodity Pool Operator (CPO).

McCauley takes a philosophical stance on the coexistence of state-regulated and federally supervised crypto custodians.

“It’s almost an American tradition to recognize multiple ways to achieve a goal,” he said. “This diversity is evident in various domains, such as policing, elections, and banking, reflecting a dual sovereign situation. This multiplicity aligns with the crypto ethos of decentralization, and it’s quite beautiful that there’s more than one solution to a given problem.”