Anchorage Digital has launched Anchorage Digital Ventures, a new venture capital arm aimed at supporting early-stage protocol teams. The initiative will provide both financial and strategic support to teams developing on-chain infrastructure, with a focus on making protocols "institutionally ready from day one." Anchorage is particularly interested in projects related to Bitcoin DeFi, real-world assets, and decentralized identity, especially those addressing institutional adoption challenges. Applications for the program are now open, and selected founders will be invited to an exclusive demo day during Token2049 in Singapore this October. Anchorage will announce the grant recipients at the event, furthering its commitment to fostering innovation in the blockchain space.