Grayscale adds Anchorage as second custodian for 144.87M DOGE trust
- —Trust holds 144,871,236 DOGE, or 117.33 coins per share
- —Anchorage Digital becomes second custodian; Coinbase Custody stays primary
- —Additional custodian's liability capped at $5 million or 12 months of fees
- —Bitwise winds down its DOGE fund; last trading day is Oct. 14
Why it matters: Splitting custody reduces single-provider failure risk and sets a standard for crypto ETPs and their European equivalents.
Source: CryptoTicker