Anchorage Digital Targets $400M Funding Round Ahead of Potential IPO
Anchorage Digital, the first federally chartered crypto bank in the U.S., is seeking $200M-$400M in fresh capital to bolster its position before a public market debut. The New York-based firm, last valued at $3B, aims to join the short list of crypto-native companies transitioning to regulated public markets.
Federal charter status gives Anchorage a competitive edge in institutional custody services—a key factor for risk-averse clients. The bank is simultaneously expanding teams focused on stablecoin infrastructure, signaling broader ambitions in digital asset banking.