Crypto custodian Anchorage Digital announced the appointment of former Coinbase Custody head Aaron Schnarch as its chief operating officer to oversee all business lines. It is reported that San Francisco-based Anchorage Digital is one of the largest institutional cryptocurrency custodians and has a federal banking license. Apollo Global Management and upstart cryptocurrency exchange EDX Markets are both clients of the company. With the support of Goldman Sachs, KKR and Andreessen Horowitz, the company was valued at more than $3 billion in its latest round of financing in 2021. (TheInformation)