Anchorage Digital, a prominent crypto custodian, has appointed Connie Shoemaker, a seasoned financial expert and former Goldman Sachs executive, to its board of directors. Shoemaker, who currently serves as COO and CFO of Bridgewater Associates Holdings, brings extensive experience in traditional finance to Anchorage Digital. As the only crypto bank chartered by the Office of the Comptroller of the Currency (OCC), Anchorage Digital is poised to meet the growing institutional demand for secure digital asset infrastructure.

The appointment of Shoemaker aligns with Anchorage Digital's strategy to expand its board and strengthen its position in the market. Nathan McCauley, CEO of Anchorage Digital, highlighted Shoemaker's valuable experience in building the commercial bank division at Goldman Sachs, which will significantly contribute to Anchorage Digital's growth. Shoemaker's expertise in navigating complex financial landscapes, demonstrated during her tenure at Goldman Sachs, will be instrumental in guiding Anchorage Digital's federally regulated offering.

Anchorage Digital's business has witnessed significant growth, driven by the increasing institutional interest in crypto and the approval of spot Bitcoin exchange-traded funds (ETFs). The company's unique position as an OCC-chartered crypto bank has enabled it to capitalize on this trend. With Shoemaker on board, Anchorage Digital is well-positioned to continue its momentum and advance the institutional ecosystem.

Shoemaker's appointment reinforces Anchorage Digital's commitment to providing a safe, secure, and federally regulated digital asset infrastructure. Her experience in building and managing complex financial institutions will be invaluable in shaping the company's growth strategy. As Anchorage Digital continues to navigate the evolving digital asset landscape, Shoemaker's expertise will play a critical role in driving the company's success.

The addition of Shoemaker to Anchorage Digital's board of directors marks a significant milestone in the company's journey. With her extensive experience and knowledge, Anchorage Digital is poised to further establish itself as a leader in the digital asset space, providing institutions with a trusted partner for their digital asset needs.