Anchorage Digital said it has acquired B2B payments platform Routable, with financial terms of the deal not disclosed. Routable offers developer-first APIs that help businesses onboard and verify payees while automating tax and compliance workflows. The platform also supports mass payouts to creators, contractors and sellers in more than 220 countries, using both fiat currencies and stablecoins. Anchorage Digital said the deal will broaden its customer base beyond crypto-native firms to include traditional financial institutions entering digital assets, as well as large technology companies and Fortune 500 businesses with sizable payout needs. Routable will continue operating under a new brand, and Anchorage Digital expects to roll out stablecoin and tokenized deposit products over the next several quarters. The acquisition points to a push to connect digital-asset payment rails with mainstream enterprise disbursement infrastructure.
Anchorage Digital has acquired B2B payments platform Routable, with the value of the transaction not disclosed.
Routable provides developer-first APIs that help businesses onboard and verify payees, while automating tax and compliance processes. The platform also enables mass payouts to creators, contractors, sellers and other recipients across more than 220 countries, supporting both fiat and stablecoin payments.
Broader customer reach
Anchorage Digital said its customer base will expand from crypto-native companies to traditional financial institutions moving into digital assets, along with large technology companies and Fortune 500 firms that have significant payout needs.
What comes next
Routable will operate under a new brand. Anchorage Digital said stablecoin and tokenized deposit products are expected to launch over the next several quarters.
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