Anchorage Digital looks to raise up to $400M ahead of 2027 IPO
Key receivers
Anchorage Digital is raising $200M-$400M in capital. The firm is America's first federally chartered crypto bank.
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Anchorage is looking to grow digital. As much as $400 million as it floats to US public markets next year, Bloomberg reported Friday.
The first crypto firm to receive a federal bank charter in the US, it is among the crypto companies analysts see as the next candidates. List After Circle, Gemini and Bullish, all he went Official last year.
Talks of the expected capital increase come after BitGo, Anchorage's main security competitor, filed its IPO plan with the SEC earlier this week.
Rival Guardian, which has been granted a conditional license to convert to a federal charter, is targeting up to $201 million, around $1.9 billion.
Anchorage offers a full range of services including security, business and more congestion, For hundreds of digital assets. It is supported by major investors such as Goldman Sachs, Andreessen Horowitz (a16z), KKR, GIC and Visa.
The organization It raised $350 million in a Series D funding round in late 2021, valuing it at more than $3 billion.
