Anchorage Digital Aims to Raise $200M–$400M in Funding Before 2027 IPO Plans

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Anchorage Digital, the first U.S. federally chartered digital asset bank, is aiming for $200 million to $400 million in new project funding news ahead of a potential 2027 IPO. The company is finalizing its valuation strategy and previously raised $350 million in late 2021, led by KKR, which valued the firm at over $3 billion. The latest digital asset news highlights its ongoing expansion plans.

BlockBeats news: On January 17, according to Bloomberg citing informed sources, Anchorage Digital, the first U.S. digital asset bank to receive a federal charter, is seeking a new round of funding while exploring potential plans for a public listing.


One individual, who requested anonymity, said Anchorage plans to raise $200 million to $400 million in funding before a possible initial public offering next year, and is still finalizing its valuation plan.


The federal charter of Anchorage Digital Bank, N.A. enables it to issue stablecoins in the United States under the GENIUS Act, which was signed into law in July of this year. In September, the company announced plans to collaborate with Tether Holdings SA (headquartered in El Salvador), the world's largest stablecoin issuer, to launch the USAT token for the U.S. market.


At the end of 2021, Anchorage completed a $350 million funding round led by investment firm KKR, with participation from institutions such as Goldman Sachs, Singapore's Government of Investment Corporation (GIC), and Apollo Credit Fund. This round of financing valued Anchorage at over $3 billion.


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