Anchorage Digital makes a strategic investment in Immunefi

According to The Block, cryptocurrency financial service provider Anchorage Digital, the first federally chartered crypto bank in the U.S., is making a strategic investment in Immunefi and purchasing the native token IMU of the security infrastructure company.

Immunefi will also provide security services for Anchorage's non-custodial wallet Porto, enabling institutional clients to directly participate in DeFi protocols and on-chain investment strategies. Currently, Immunefi has protected over $180 billion in TVL for on-chain protocols and has paid out over $130 million in bug bounties to white hat hackers.