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Anchorage Digital looks to raise up to $400M ahead of potential 2027 IPO

Crypto Briefing
Anchorage Digital is seeking to raise between $200M and $400M as it considers a US public listing around 2027.

Summary

Anchorage Digital, the first federally chartered crypto bank in the US, is reportedly looking to raise between $200 million and $400 million. This potential capital raise comes as the firm is weighing a public listing on the US market, potentially in 2027. Anchorage Digital provides a comprehensive suite of digital asset services, including custody, trading, and staking for hundreds of crypto assets. The company is backed by significant investors such as Goldman Sachs, Andreessen Horowitz (a16z), KKR, GIC, and Visa. This news follows its custody competitor, BitGo, filing for an IPO, which is targeting over $200 million.

(Source:Crypto Briefing)