Crypto Bank Anchorage Digital Eyeing $400M Raise and IPO
Anchorage Digital is reportedly seeking a capital raise between $200 million and $400 million with an Initial Public Offering planned for next year.Summary
Institutional crypto platform Anchorage Digital is reportedly planning a significant capital raise, estimated between $200 million and $400 million, alongside a potential Initial Public Offering (IPO) slated for sometime next year. Anchorage Digital Bank National Association, the first federally chartered crypto bank, is positioned to lead stablecoin issuance following the passage of the GENIUS Act. The company has been expanding its offerings, including a partnership with Tether for a USAT token and acquisitions like Securitize For Advisors. Anchorage previously secured $350 million in late 2021, valuing the company at over $3 billion, and now joins other crypto firms like BitGo and Kraken in exploring public listings.
(Source：Cointelegraph)