Anchorage Becomes First Federally Chartered US Bank to Custody Tron Crypto

Anchorage Digital has added TRX custody and Tron crypto network staking to its platform, making it the first federally chartered crypto bank in the United States to bring the Tron network inside the regulatory perimeter.

Tron hosts $84 billion in USDT, more than Ethereum, yet has operated almost entirely outside U.S. institutional frameworks until now.

That gap closes here. A federally chartered custodian supporting Tron is not the same as a state-licensed exchange listing TRX. It is a different category of legitimacy, with different compliance obligations, different counterparty implications, and a different signal to the rest of the institutional market.

Key Takeaways:

  • Milestone: Anchorage Digital is the first federally chartered U.S. crypto bank to support Tron custody, bringing TRX and future TRC-20 assets—including $84 billion in USDT—into a compliant institutional framework.
  • Regulatory Context: Tron and founder Justin Sun faced longstanding U.S. regulatory friction, including a 2023 Coinbase delisting of TRX; the SEC dismissed securities claims against Sun and the Tron Foundation earlier this month, clearing a key obstacle.
  • Phased Rollout: Initial support covers TRX custody on Anchorage’s main platform and Porto institutional wallet; TRC-20 token support and native TRX staking infrastructure follow in subsequent phases.
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What Anchorage Bank Is Actually Building

The initial launch supports TRX custody on Anchorage’s core regulated platform and its Porto self-custody institutional wallet. TRC-20 token support and native TRX staking roll out in phases, a staged structure that allows regulatory validation at each step rather than a single broad deployment.

TRC-20 support is the operationally significant layer. It means institutions will be able to hold and manage Tron-based stablecoins—including the $84 billion USDT supply sitting on Tron—directly within a federally regulated custody account. That is the use case that matters to institutional treasury desks.

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Anchorage co-founder Nathan McCauley framed the move as infrastructure-driven: “As TRON expands its presence in the U.S., institutions need trusted infrastructure to securely custody assets and participate in the network. By supporting TRON on Anchorage Digital’s regulated platform, we’re helping bring one of crypto’s largest ecosystems into an institutional framework.”

The federal charter distinction matters here. Anchorage holds a national trust bank charter from the Office of the Comptroller of the Currency—the same regulatory body that oversees JPMorgan and Citibank. State-chartered custodians operate under a patchwork of state regimes. A federally chartered institution conducting AML/BSA due diligence on Tron and clearing it for custody sets a compliance benchmark that state-level operators and foreign custodians cannot replicate by definition.

Tron’s network scale justifies the scrutiny. The chain has recorded over 371 million total user accounts and more than 13 billion total transactions. It is not a niche protocol. It is core stablecoin infrastructure that U.S. institutions have been structurally locked out of engaging with compliantly—until now.

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Tron Crypto Regulatory Clearance as a Market Structure Event

The background context is critical. Coinbase delisted TRX in 2023 under regulatory pressure. The SEC pursued securities violations against Sun and the Tron Foundation, claims dismissed only earlier this month, with Rainberry, the corporate parent of Sun’s BitTorrent network, paying a $10 million fine over undisclosed BTT token promotions.

That legal overhang suppressed U.S. institutional engagement with Tron for years. Its removal, combined with Anchorage’s federal-level due diligence clearance, reopens the market.

Anchorage’s federal imprimatur gives other U.S.-regulated entities—prime brokers, custodians, asset managers, a compliance reference point.

When America’s only federally chartered crypto bank conducts AML/BSA diligence on a network and approves it for custody, that functions as a de facto institutional clearinghouse signal.

Expect other regulated venues to accelerate their own Tron evaluations.

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The post Anchorage Becomes First Federally Chartered US Bank to Custody Tron Crypto appeared first on Cryptonews.

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