Today, we breakdown Anchorage, a full service financial platform to allow institutes to participate in web3. We cover Anchorage’s business, explore what great digital security looks like, and reveal what new behaviors web3 is unlocking for traditional institutions.
My guest today is Diogo Monica, co-founder and President of Anchorage Digital.
Show Notes
[00:00:00] – Introduction
[00:02:40] – [First question] – Why he got into the crypto space and what set him down the path that would to founding Anchorage
[00:05:53] – An overview of digital security, state of it today, and where people should spend their time learning about it
[00:09:16] – A future of perfect authentication and data protection being so core to this space
[00:13:29] – How custody should be considered in the modern world and with digital assets
[00:18:59] – What it means to be a great qualified institutional custodian
[00:25:17] – The business and unit economics of Anchorage
[00:28:07] – What it was like working with their first big institutional client
[00:30:52] – Speed as a component of digital security and its implications writ large
[00:35:51] – How they’re differentiated from their competitors by expanding beyond custody
[00:39:46] – Different challenges between securing NFTs versus currencies and tokens
[00:42:43] – New behaviors he finds most interesting about institutions due to Anchorage
[00:48:46] – Breakdown of what players and services contribute to and create Anchorage’s clients today
[00:51:24] – The best case scenario for the future of the business
[00:53:37] – What would worry him about Anchorage’s development if it swayed from their original mission
[00:55:55] – Opportunities he finds most interesting that haven’t materialized yet
[00:57:46] – Will we need a public blockchain to create the infrastructure needed to bring the world to a more crypto-fluid place
[01:00:07] – The kindest thing anyone has ever done for him
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