Frgmnt partners with Anchorage Digital to offer institutional access to fUSD stablecoin and staking via existing custody.

Frgmnt has partnered with Anchorage Digital to provide institutional clients seamless access to its fUSD stablecoin and sfUSD staking product through Anchorage’s custody infrastructure. Institutions can now mint, hold, stake, unstake, and redeem fUSD without needing separate custody arrangements. The fUSD stablecoin is backed by USDC, which Frgmnt deploys into onchain lending markets to generate rewards for sfUSD holders. This integration simplifies institutional access to onchain finance products while maintaining security and operational standards. Frgmnt plans to open its next capped deposit wave in September, expanding opportunities for institutional investors on Coinbase’s Base network.