Asset Manager

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Ankr

Ankr operates one of the largest decentralized infrastructure protocols for Web3, run by co-founders Chandler Song and Ryan Fang.

Ankr

Chandler Song and Ryan Fang launched Ankr in 2017 after experimenting with distributed computing at UC Berkeley. The founding team met through the university’s blockchain innovation accelerator and built the idea around monetizing spare server resources. Early backing from Berkeley’s Haas School of Business provided the project’s first institutional grant before the firm relocated its primary operations to San Francisco. Ankr operates a decentralized infrastructure platform that provides remote procedure call node services, liquid staking, and enterprise blockchain tooling. The protocol supports multiple layer-1 and layer-2 networks — publicly documented integrations include Binance Smart Chain, Polygon, Avalanche, and Fantom. The firm deploys capital into validator infrastructure and protocol development rather than a traditional venture portfolio. In 2021, Ankr introduced its native liquid staking token, which allows users to stake ETH and other proof-of-stake assets while retaining liquidity. Geographic coverage spans North America, East Asia, and crypto-friendly jurisdictions such as Gibraltar. The team maintains operational hubs in San Francisco, Seoul, and Hong Kong. Ankr also offers a bare-metal deployment service that expanded its enterprise client base beyond purely crypto-native users. The main team remains relatively lean compared to centralized cloud-native competitors. The firm does not publicly disclose headcount or balance-sheet deployment figures. Ankr is structurally distinct from classic cloud providers by running its node network across a permissionless set of independent providers. Unlike centralized blockchain infrastructure firms that operate their own data centers, Ankr coordinates third-party node operators through a single interface. This architecture makes the platform harder to deplatform and distributes infrastructure risk across many independent operators.

Website
ankr.com

General information

Firm type

Asset Manager

Year founded

2017

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Additional offices

Raleigh · Palo Alto · Seoul · Hong Kong · San Juan

Principals

Chandler Song

Co-Founder & CEO

Ryan Fang

Co-Founder & COO

Sector focus

Enterprise SoftwareAI/MLFinTech

Frequently asked questions

What is Ankr's core business model?

Ankr runs a decentralized infrastructure protocol that authenticates blockchain remote procedure call traffic, operates validator nodes, and provides liquid staking. It monetizes by selling node services through a pay-as-you-go premium tier while incentivizing independent providers to contribute compute resources.

How does Ankr source and retain independent node providers?

Ankr uses an on-chain incentivization structure — node providers earn ANKR tokens for supplying compute and bandwidth. The protocol's uptime requirements and stake-slashing mechanisms are codified in smart contracts. Providers are recruited globally via open calls and grants.

Does Ankr operate its own hardware, or does it rely entirely on third parties?

Ankr runs a hybrid model. The firm operates a core set of bare-metal servers for latency-sensitive enterprise workloads but routes the majority of free-tier RPC traffic through independent providers. This reduces CapEx relative to centralized cloud infrastructure companies while maintaining baseline service quality.

How is Ankr's liquid staking product structured?

Ankr's liquid staking mints a synthetic derivative token representing staked assets. Users deposit tokens, Ankr delegates to validator nodes, and users receive a tradable receipt token that appreciates against the underlying as staking rewards accumulate. The mechanism is built on Ethereum-compatible smart contracts and audited by third-party security firms.

Which blockchains does Ankr explicitly avoid integrating?

Ankr does not publicly publish avoidance criteria, but its integration pipeline historically prioritizes Ethereum Virtual Machine-compatible chains and Cosmos SDK networks. Chains without active foundation grants or developer traction tend not to appear in Ankr's supported network list.

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