Anchorage Digital buys Routable to add corporate payment rails
What's the deal? Anchorage Digital has acquired Routable, a corporate payments platform, for an undisclosed sum. The move adds business-to-business payment rails to the digital asset bank. Terms were not disclosed.
What's the endgame? Routable will operate under a new brand following the deal. Anchorage plans to roll out integrated stablecoin and tokenized deposit offerings over the coming quarters.
What does Routable do? It builds payment infrastructure for businesses, handling the plumbing behind corporate transactions. Folding that into Anchorage lets the bank connect traditional payment flows to on-chain settlement.
The signal: The acquisition reflects how crypto-native firms are moving into mainstream corporate finance. By pairing stablecoins and tokenized deposits with established payment rails, Anchorage is positioning itself at the intersection of fintech and traditional banking.
Read more: thedefiant.io
Image credit: ITU Pictures
