Anchorage Digital Acquires Token Equity Structure Management Startup Hedgey

Anchorage Digital announced the acquisition of token equity table management startup Hedgey, its second acquisition this week, following the acquisition of the Securitize wealth management unit. The terms of both transactions were not disclosed.
Hedgey's platform manages token allocation, distribution, and vesting schedules, enabling token generation activities (TGEs) and post-launch tracking. According to Anchorage CEO Nathan McCauley, founders should focus on product, community, and user growth rather than operational risk, and the right infrastructure is critical when dealing with the token economy. By integrating Hedgey and its experienced team, Anchorage aims to reduce "friction and errors" in the management of token ownership tables, expand its role in token lifecycle management, create assets, and build custody and investment services around them.