Anchorage Digital Ventures said it acquired IMU tokens for an undisclosed amount as part of a partnership aimed at strengthening institutional security infrastructure for onchain activity. The collaboration will integrate Immunefi's bug-bounty and security network with Porto, the institutional self-custody wallet designed by Anchorage for clients interacting with decentralized finance protocols.
Sinking IMU Token Bleeds amid Anchorage Digital Venture Backing
11 March 2026 - 20:50 CET
By Ana Pereira
Clients using the wallet include dYdX, the Sui Foundation, Maple Finance, Triton Capital, Liquifi and Paxos, according to the company's website. Access to Porto starts at $750 per month. The integration highlights a growing push to secure institutional capital as it moves into the decentralized finance sector.
Institutional security meets decentralized finance
Immunefi operates one of the largest security platforms in the crypto industry. It connects blockchain projects with white-hat hackers who identify vulnerabilities before they can be exploited. The company says its bug-bounty programs protect more than $180bn in user funds across supported protocols and have paid over $130mn to ethical hackers.
According to the companies, integrating these capabilities with Porto will help institutions manage smart-contract risk as they deploy capital onchain.
"Institutional adoption of DeFi demands institutional-grade security," Mitchell Amador, founder and chief executive of Immunefi, said in a statement.
Token price struggles against venture strategy
The IMU token launched in January as part of an effort by Immunefi to expand its security ecosystem and align incentives between protocols and the security researchers participating in bug-bounty programs. Since then, the token has declined by 70%.
The continued slide suggests that while institutional infrastructure plays are gaining traction behind the scenes, secondary market appetite for the associated utility tokens remains highly speculative and prone to severe drawdowns. For traders, the divergence between corporate adoption and token price performance remains a critical theme to monitor.
Anchorage Digital Ventures, the investment arm of crypto bank Anchorage Digital, launched in 2025 to back early onchain infrastructure projects. It has invested in several decentralized finance and blockchain startups, including OpenEden, Hyperbeat, Strata and Turtle.
The firm has also expanded through acquisitions, buying token-management startup Hedgey in 2025 as it builds tools aimed at helping crypto protocols manage allocations and vesting schedules.
