Anchorage Digital, a leading crypto custody firm, has appointed Connie Shoemaker, a seasoned executive with a strong background in traditional finance, to its board of directors. Shoemaker, currently serving as the COO and CFO of Bridgewater Associates Holdings, brings extensive experience from her tenure at Goldman Sachs and Bridgewater.

Anchorage Digital holds the distinction of being the sole crypto bank chartered by the Office of the Comptroller of the Currency (OCC), providing federally regulated digital asset infrastructure. This regulatory status positions Anchorage Digital uniquely within the crypto custody space.

The addition of Connie Shoemaker to Anchorage Digital’s board is viewed as a strategic move to bolster its institutional offerings amid increasing demand for secure digital asset solutions. Nathan McCauley, co-founder and CEO of Anchorage Digital, emphasized Shoemaker's invaluable insights from her roles at Goldman Sachs, particularly her contributions to the commercial bank division and strategic oversight during critical financial periods.

Shoemaker's extensive background includes serving as Goldman Sachs’ global head of strategy during the 2008 global financial crisis, where she played a pivotal role in expanding Goldman Sachs Asset Management (GSAM). Her later role as Chief Administrative Officer further underscores her leadership and operational expertise.

McCauley highlighted that Shoemaker’s appointment underscores Anchorage Digital’s commitment to advancing the institutional crypto ecosystem through robust, regulated services. With the recent approval of spot Bitcoin exchange-traded funds (ETFs) driving institutional interest in cryptocurrencies, Anchorage Digital aims to capitalize on this momentum with Shoemaker's guidance.

As Anchorage Digital continues to navigate the evolving landscape of digital asset custody and regulatory compliance, Shoemaker’s strategic vision and traditional finance experience are poised to play a crucial role in shaping the firm’s future direction.

In summary, Connie Shoemaker's appointment to Anchorage Digital’s board of directors represents a significant step toward enhancing its institutional capabilities and regulatory framework, leveraging her extensive financial industry experience to drive growth and innovation in the crypto custody sector.