Anchorage Digital Prepares for IPO with $400M Fundraise Amid Crypto Market Resurgence
Anchorage Digital is positioning itself for a potential public listing with a $200 million to $400 million capital raise, signaling renewed institutional confidence in crypto markets. The federally chartered crypto bank aims to leverage its regulatory standing to expand stablecoin, custody, and wealth management services.
The firm's 2021 federal charter—a first for a U.S. crypto bank—provides strategic advantages as Washington formalizes digital asset rules. CEO Nathan McCauley has emphasized Anchorage's readiness to capitalize on the GENIUS Act's stablecoin provisions, with plans to significantly scale operations.