Former Goldman Sachs Exec Joins Anchorage Digital's Board: Boosting Institutional Crypto Adoption

Anchorage Digital, a crypto bank chartered by the Office of the Comptroller of the Currency (OCC), has appointed Connie Shoemaker, a former Goldman Sachs executive, to its board of directors. Shoemaker brings extensive experience from the traditional finance world, having served as the COO and CFO of Bridgewater Associates Holdings, the parent company of the world's largest hedge fund. Her expertise in building the commercial bank division at Goldman Sachs is highly relevant to Anchorage Digital's mission of providing secure and regulated digital asset infrastructure. This move comes amidst a surge in institutional interest in crypto, driven by the approval of spot Bitcoin ETFs. Anchorage Digital's CEO, Nathan McCauley, believes Shoemaker's track record will be invaluable as the company continues to grow and cater to the increasing institutional demand for safe and secure crypto investments.