• Fortune

Bitcoin investors, rest in peace: Digital bank adds crypto estate planning

Anchorage, one of the newest federally chartered banks in the U.S., is partnering with Two Ocean Trust, a Wyoming-based wealth manager, to offer crypto estate planning. The centuries-old legal structure of a trust offers more protections and security than a traditional will or even less formal plans for one’s postmortem financial affairs. “One of the things we started noticing with the ramp up in price last year, there were many, many family offices and individuals that just became fabulously wealthy,” says Diogo Mónica, Anchorage’s president and cofounder.