“As more and more institutions look to add crypto services into their offerings, we find ourselves at an inflection point,” Anchorage co-founder Diogo Mónica said in a statement, “This funding positions Anchorage Digital to meet the unprecedented institutional demand for this rapidly evolving market.” Source link … [Read more...] about Crypto Custody Firm Anchorage Raises $350M Funding at $3B Valuation
Anchorage
Private Equity Giant KKR Plans to Back Anchorage Fundraise at $3B Valuation: Report
Private equity firm KKR plans to lead a Series D investment round for crypto platform Anchorage, according to The Information sources. The funding would reportedly push Anchorage up to a roughly $3 billion valuation.San Francisco-based Anchorage is a crypto custody platform that lets institutional investors safely hold and use crypto. Anchorage was the first crypto firm to … [Read more...] about Private Equity Giant KKR Plans to Back Anchorage Fundraise at $3B Valuation: Report
Crypto Bank Anchorage to Command $2B+ Valuation in New Funding Round, Sources Say
Cryptocurrency custody firm Anchorage is raising a large funding round that will value the San Francisco-based company at between $2 billion and $3 billion, according to four people familiar with the plans.“Anchorage is about to raise at a $3 billion valuation,” said one of the people, who asked not to be named. “They’re raising a big round and it’s based on the fact that … [Read more...] about Crypto Bank Anchorage to Command $2B+ Valuation in New Funding Round, Sources Say
Digital bank Anchorage offers Ethereum-backed loans to institutions
Crypto custody bank Anchorage Digital is expanding its services into crypto-backed loans for institutional investors.Clients at Anchorage can now access a line of USD credit backed by Ethereum through its partnership with U.S. commercial bank BankProv.Anchorage Financing will introduce a simple way for investors to put their Ethereum holdings to work, enabling them to access … [Read more...] about Digital bank Anchorage offers Ethereum-backed loans to institutions