Anchorage Digital buys Routable to add payout services
Anchorage Digital has acquired Routable to add payout functionality to its platform. The deal lets clients with digital assets held at Anchorage send funds through Routable's network to over 220 countries and territories.
Routable is now part of Anchorage Digital. The purchase brings payout capabilities onto Anchorage’s platform, extending what clients holding digital assets there can do. Through Routable’s network, those clients can route funds to more than 220 countries and territories. The deal adds payment services to Anchorage’s offerings and reflects a broader pattern of financial technology firms combining asset services with cross-border payment reach.
This acquisition may affect businesses and individuals who move money across borders, especially those already using digital asset platforms. By adding payout reach, Anchorage could make it easier for such clients to send funds internationally, potentially reducing friction. Workers, freelancers, merchants, and recipients in many countries might benefit from broader payment options, though actual