Anchorage Digital Bolsters Institutional DeFi Access via Frgmnt Partnership

Stablecoin protocol Frgmnt has partnered with Anchorage Digital to provide institutions with direct access to its fUSD and sfUSD stablecoin infrastructure.

The integration allows funds and fintechs to manage, stake, and redeem two protocol assets within regulated crypto rails.

Aurélien Roussel, CEO and co-founder of Frgmnt, said that institutions increasingly expect on-chain products to fit into familiar operational workflows.

According to the companies, the partnership removes the need for institutions to establish separate custody arrangements to use Frgmnt's products.

Frgmnt plans to scale institutional adoption of its yield infrastructure with a new deposit wave in September.