On November xx, BOB announced a partnership with Anchorage Digital, a leading institutional-grade cryptocurrency platform, to open its Bitcoin DeFi portal to institutional investors.

BOB has selected Anchorage Digital as its preferred custodian to accelerate its mission of bringing Bitcoin-native DeFi to institutions through secure infrastructure. This move follows just weeks after BOB integrated LayerZero, which unlocked native BTC access on 11 major public blockchains, including Ethereum, Avalanche, Base, and BNB Chain.

Opening up institutional access marks a significant step for BOB in its mission to unlock the true utility of Bitcoin, the world's most important digital asset. This partnership will provide institutional investors with a secure gateway and accelerate the development of Bitcoin DeFi by leveraging Anchorage Digital's institutional-grade custody infrastructure.

Over the past 18 months, the total value locked (TVL) in Bitcoin DeFi has surged from $200 million to over $8 billion , yet this still represents only 0.3% of Bitcoin's market capitalization, highlighting the enormous growth potential of the Bitcoin DeFi market. Simultaneously, institutional investors' interest in Bitcoin is shifting from passively investing in infrastructure for returns to actively participating in Bitcoin DeFi activities. To meet this demand, BOB will provide institutional investors with a secure channel to access its Bitcoin DeFi ecosystem, boasting a TVL exceeding $250 million—currently the safest and most convenient way to obtain Bitcoin returns.

Anchorage Digital will provide BOB hosting support to its institutional clients through the following channels:

• Anchorage Digital Bank NA – the only federally chartered crypto bank in the United States;
• Anchorage Digital Singapore – A major payment institution licensed by the Monetary Authority of Singapore (MAS);
• Porto by Anchorage Digital – an institutional-grade self-custodied wallet built with Anchorage Digital's security technology.

BOB co-founder Alexei Zamyatin stated regarding the collaboration: “We are delighted to partner with Anchorage Digital to provide leading institutions with a trusted platform to access BOB. Our vision is to place Bitcoin at the heart of DeFi, offering institutional and retail investors the safest path to BTC yields. BOB’s hybrid public chain architecture combines the strengths of Bitcoin and Ethereum. This means that every step a user takes in Bitcoin DeFi will be secured by billions of dollars worth of staked Bitcoin, including depositing native BTC, deploying DeFi projects on BOB, and even bridging to other smart contract chains. This is precisely the level of security that top institutions need to pursue Bitcoin yields. Anchorage Digital creates a crucial entry point for institutions into BOB’s $250 million TVL DeFi ecosystem, providing reliable asset backing for the protocol and becoming a trusted partner for institutions.”

Nathan McCauley, CEO of Anchorage Digital, stated, “We are at the beginning of a Bitcoin DeFi revolution, with innovators like BOB expanding Bitcoin’s role beyond simply being a store of value. As smart contract functionality matures, it combines Bitcoin’s security with entirely new utility, unlocking new applications and opening doors for institutions and holders to participate meaningfully. We are proud to provide full-stack solutions to teams like BOB, helping them launch and grow their projects.”

This collaboration with Anchorage Digital follows a series of significant milestones for BOB, including the launch of its first hybrid ZK rollup , securing $21 million in funding from top investment firms, and launching a native Bitcoin decentralized finance application on its testnet using Lombard, Amber Digital, and RockawayX's BitVM bridge. Furthermore, BOB recently integrated LayerZero, enabling one-click access to native Bitcoin across 11 chains.

Institutional users can access BOB through Anchorage Digital’s custodial platform and the self-custodial wallet Porto, thereby taking full advantage of industry-leading converged security mechanisms (majority-based approval), hardware security module (HSM) infrastructure, advanced biometrics, and behavioral analytics.

About BOB (Build on Bitcoin)

BOB is a gateway to Bitcoin DeFi, allowing users to easily and securely earn yields with Bitcoin. BOB's unique hybrid public chain model combines the strengths of Bitcoin and Ethereum, employing hybrid zero-knowledge proofs and billions of dollars worth of staked Bitcoin to secure all applications, assets, and transactions within the BOB Tier 1 DeFi ecosystem. Access native BTC on BOB without any encapsulated BTC or custodian, powered by the BitVM protocol. Furthermore, multi-chain Bitcoin yields can be accessed with a single click, and BTC can be exchanged on any chain. To date, BOB has received backing from leading investment institutions such as Castle Island Ventures, Coinbase Ventures, Ledger Cathay Ventures, and IOSG.

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About Anchorage Digital

Anchorage Digital is a global crypto platform that empowers institutions to participate in digital asset trading through custody, staking, trading, governance, settlement, and industry-leading security infrastructure. Anchorage Digital owns Anchorage Digital Bank NA, the only federally chartered crypto bank in the United States. In addition, Anchorage Digital provides services to institutions through its affiliates, including Anchorage Digital Singapore (licensed by the Monetary Authority of Singapore), Anchorage Digital New York (licensed by the New York State Department of Financial Services), and the self-custodied wallet Porto by Anchorage Digital. The company has received investment from several prominent institutions, including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, and its Series D funding round valued the company at over $3 billion. Anchorage Digital was founded in San Francisco, California in 2017 and has offices in New York City, Porto, Portugal, Singapore, and Sioux Falls, South Dakota. For more information, visit anchorage.com, follow @Anchorage, and join LinkedIn.