Crypto bank Anchorage Digital plans to raise $200 million to $400 million ahead of its IPO
Svmuu News: Crypto bank Anchorage Digital is seeking to raise $200 million to $400 million in new funding in preparation for a potential initial public offering.The company plans to go public in 2026. As the first crypto bank to receive a federal charter in 2021, Anchorage Digital is committed to becoming a leading stablecoin issuer following the passage of the GENIUS Act in July 2025.Anchorage Digital CEO Nathan McCauley stated that the company plans to double the size of its stablecoin team within the next year. A company spokesperson noted that 2025 was a year of expansion, during which Anchorage Digital solidified its leadership position in the institutional crypto sector through a series of acquisitions and partnerships, including a plan with Tether to launch the USAT token in the United States.In addition, Anchorage Digital offers custody, trading, and staking services, and expanded its business in December 2025 through the acquisition of Securitize For Advisors and the integration of Hedgey.It completed a $350 million funding round led by KKR & Co. in late 2021, reaching a valuation of over $3 billion at the time. (Cointelegraph)
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