Anchorage Digital is seeking to raise $200-400 million in funding ahead of next year's IPO
BlockBeats News, January 17th, according to Bloomberg citing sources familiar with the matter, Anchorage Digital, the first federally chartered digital asset bank in the United States, is seeking a new round of funding and exploring a potential public listing plan.
One anonymous source said that Anchorage plans to raise $200 million to $400 million in funding ahead of a possible initial public offering next year and is still finalizing its valuation scheme.
Anchorage Digital Bank NA's federal charter allows it to issue stablecoins in the United States under the GENIUS Act, which took effect in July this year. In September this year, the company announced plans to collaborate with Tether Holdings SA, the world's largest stablecoin issuer headquartered in El Salvador, to launch the USAT token for the U.S. market.
At the end of 2021, Anchorage completed a $350 million funding round led by investment firm KKR, with participation from institutions such as Goldman Sachs, the Singapore government's investment company, and Apollo Credit Fund. This funding round valued Anchorage at over $30 billion.
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