🇨🇦 Canadian innovation: Purpose Investments adopts the "three-tier sub-custodian" model for ETF assets
Purpose Investments has become the first digital asset ETF asset manager in Canada to use an innovative custodial model based on three sub-custodians. This new model is designed to enhance the security of digital assets and diversify custody risks, with Anchorage Digital Bank joining as the third sub-custodian for this pioneering move.
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📊 Impact: 📈 High
🏷️ EXCHANGE
#PurposeInvestments #DigitalAssets #ETFs #AnchorageDigital #CryptoCustody
🔗 Source: https://www.globenewswire.com/news-release/2026/07/21/3331032/0/en/Purpose-Investments-Becomes-First-Digital-Asset-ETF-Manager-in-Canada-to-Operate-a-Three-Sub-Custodian-Model-Adding-Anchorage-Digital-Bank.html