AnchorUSD

Founded in 2018, AnchorUSD started as a digital asset platform that provided services for buying, selling, and holding cryptocurrencies, as well as offering high-yield interest-earning accounts on various assets. The platform aimed to bridge traditional finance and the crypto economy by offering a user-friendly interface and a stablecoin, USDx, backed by a portfolio of assets. In late 2021, the company was acquired by North Equity LLC. Subsequently, AnchorUSD announced it would be winding down its services, ceasing all operations by March 31, 2023.