Cryptocurrency custodian Anchorage acquires analytics firm and launches brokerage business

Cryptocurrency custodian Anchorage acquired Merkle Data, a data analysis company, but did not disclose the transaction amount. In addition, the company has launched a brokerage service called Anchorage Trading for its institutional clients. This new service allows investors to use Anchorage to store their cryptocurrencies in order to trade directly from their platform, with a fixed fee of 10 basis points per transaction.