Anchorage Digital Eyes Major Fundraise Ahead of IPO

[ed]

Anchorage Digital is reportedly seeking to raise between $200 million and $400 million in fresh capital as it prepares for a potential initial public offering next year. According to Bloomberg, the fundraising would support Anchorage’s rapid expansion following a year marked by acquisitions, new partnerships, and the launch of stablecoin-focused business lines.

Anchorage’s affiliate, Anchorage Digital Bank National Association, became the first federally chartered crypto bank in 2021—giving the firm a regulatory edge. That positioning has grown more valuable since the passage of the GENIUS Act, which clarified rules around stablecoins and opened the door for banks to play a larger role in digital dollar issuance.

[tradelikepro]

stablecoins really doing all the heavy lifting for growth lately