Anchorage is taking further strides into the growing decentralized finance (DeFi) space with support for three more governance tokens.
HEGIC, RAD and RLY are the tokens powering the next generation of the internet, said Anchorage co-founder Diogo Mónica.
“It's kind of fun to see a new internet being built out of building blocks,” Mónica said. “All of them with token economics and blockchain-style incentives.”
In this instance, that means decentralizing the last half-mile of DeFi options trading, code repositories and independent economies among online fandoms.
For the big-name investors behind each project, having a qualified custodian to handle their tokens for both storage and network participation is a potential selling point for Anchorage, which recently won a banking charter from the U.S. Office of the Comptroller of the Currency.
“Our support for these governance tokens is proof that a centralized entity like Anchorage is actually contributing to the safety and governance of decentralized protocols by allowing these investors to safely vote and to simply participate,” Mónica said in an interview.