Anchorage Digital Eyes $400M Fundraising Round Ahead of Potential 2027 IPO
Institutional crypto platform Anchorage Digital is reportedly seeking to raise $200-$400 million in fresh capital, positioning itself for a potential 2027 IPO. The New York-based firm holds the distinction of operating the first federally chartered digital asset bank in the U.S., giving it a regulatory edge in the institutional crypto space.
The company's growth strategy hinges on stablecoin issuance, with CEO Nathan McCauley planning to double the stablecoin team to meet surging institutional demand. Anchorage has marked 2025 as its "year of scale," pursuing strategic acquisitions and partnerships including collaborations with Tether and Ethena Labs to launch compliant stablecoin products.
This expansion comes as Citi projects the global stablecoin market could hit $1.9 trillion by 2030. The GENIUS Act's July 2025 enactment further bolsters the regulatory framework for such digital assets.