Case Study: Monad achieves a seamless mainnet launch with Anchorage Digital

Monad launches mainnet with Anchorage Digital and $2.5B in day-one assets under custody

The customer, Monad, an EVM-compatible L1 blockchain, faced the complex challenge of orchestrating a major token generation event (TGE) and mainnet launch. They required a qualified custodian capable of handling stablecoin treasury management, fiat on/off-ramping, and coordinated distribution to hundreds of investors, a need their previous provider could not meet. They partnered with Anchorage Digital for its custody and trading products.

Anchorage Digital provided a comprehensive solution, managing the stablecoin treasury pre-launch, facilitating the full TGE completion, and serving as the primary custodian for the mainnet launch. This resulted in a seamless launch with $2.5 billion in assets under custody on day one. Following the launch, Anchorage Digital also enabled full staking capabilities for its clients. The vendor's support ensured the entire process was executed without any hiccups.

Monad