MHC Digital Group selects Anchorage Digital to deliver regulated crypto custody for Australian investors
Ed Carroll
MHC Digital Group (“MHC”), part of the Australian Financial Services-licensed group of companies founded by venture capitalist Mark Carnegie, has announced that it has selected Anchorage Digital, home to the only U.S. federally chartered crypto bank, to provide digital asset custody to Australia’s wholesale and institutional market.
By safeguarding assets through Anchorage Digital MHC’s trading platform, MHC Markets, which launched in Q4 2024, enhances its institutional offering with secure digital asset custody and robust operational controls. Already trusted by leading institutions, Anchorage Digital’s secure custody complements MHC’s existing trading, technology, and regulatory framework, which strengthens our position as a comprehensive platform for wholesale and institutional market participants.
“Wholesale and institutional investors in Australia require more than just access—they should have confidence in the infrastructure behind their digital asset exposure,” said Edward Carroll, Head of MHC Markets. “By selecting Anchorage Digital, we’re bringing one of the world’s most battle-tested custody solutions to Australia.”
A new standard for custody
Institutional participation in digital assets is increasingly contingent on robust regulation and risk management—particularly as asset managers, funds, and family offices look to scale exposure in a volatile market. With the Australian government set to introduce digital asset custody legislation in FY25-26, this partnership arrives at a pivotal time.
Anchorage Digital Bank NA is regulated through its U.S. federal banking charter, with services delivered internationally through its affiliated entity, Anchorage Digital Services. MHC, meanwhile, operates within the Australian Financial Services framework. Together, they offer a dual-jurisdictional compliance model tailored to meet the evolving demands of institutional clients.
“This collaboration reflects where the market is heading—regulated, secure, and fully integrated infrastructure that supports institutional growth,” said Mr. Carroll. “The timing aligns with the Australian government’s commitment to implementing a digital asset regulatory regime this year, further validating the need for solutions like ours.”
Key features of the MHC offering include:
- Regulated third-party custody through Anchorage Digital, with biometric authentication and advanced security protocols
- Unified custody, execution, and settlement under one roof
- Insurance protection across the full custody lifecycle (subject to coverage limits)
- Seamless connectivity across the MHC Markets platform
Together, MHC and Anchorage Digital are raising the bar for institutional crypto participation in Australia. “We’re creating a scalable, high-trust foundation for the next wave of digital asset adoption across the region,” concluded Mr. Carroll.
