Hassan Maishera
On Tuesday, the TronDAO team announced on X that Anchorage Digital has expanded support for the TRON Network with native TRX staking and custody for TRC-20 assets.
The expansion enables institutions to securely custody TRON-based assets and participate in network staking through the same regulated platform they already use for digital asset custody.
Institutions can now stake TRX directly through Anchorage Digital, enabling them to earn protocol staking rewards while maintaining the security, operational controls, and regulatory standards they expect.
Staking rewards are generated by the TRON protocol and vary based on validator selection and applicable platform fees. The launch also includes support for TRC-20 assets, giving institutions broader access to tokens issued on the TRON network.
TRON (TRX) is a decentralized blockchain-based operating system developed by the Tron Foundation and launched in 2017. Originally, TRX tokens were ERC-20-based tokens deployed on Ethereum, but a year later, they were moved to their own network.
Initially, the project was created with the aim of providing full ownership rights to makers of digital content. The main goal is to help content creators (who receive only a small part of the income) and encourage them with more rewards for their work. How: invite content consumers to reward content makers directly (without intermediaries like YouTube, Facebook, or Apple).
The TRON software supports smart contracts, various kinds of blockchain systems, and decentralized applications, aka dApps. The cryptocurrency platform uses a transaction model similar to Bitcoin (BTC), namely UTXO. Transactions take place in a public ledger, where users can track the history of operations.
TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions. TRX is up 0.8% today and is trading at $0.3273 at press time.
