Founders Fund leads $5 million purchase of Anvil tokens backed by crypto collateral. According to CoinDesk on October 7, Founders Fund, backed by Peter Thiel, led a $5 million purchase of ANVL tokens, with participation from Pantera Capital, Bullish, and others; terms and valuation were not disclosed. Anvil stated that the tokens originated from its existing treasury rather than new issuance, and ANVL holders are granted governance rights. Built on Ethereum, Anvil enables digital assets to serve as collateral for financial obligations such as payments and credit. Its development team simultaneously released an SDK, allowing enterprises to integrate without writing blockchain code. Anvil is developed by the Acronym Foundation, self-funded and fully open-source, with a current total value locked of approximately $14 million. The circulating supply of ANVL is 80 billion tokens, with a total supply of 100 billion tokens.
Founders Fund Leads $5M Purchase of Anvil Protocol's ANVL Tokens
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Summary
Founders Fund led a $5 million Ethereum-based transaction on October 7, 2026, acquiring ANVL tokens from Anvil Protocol. Pantera Capital and Bullish also participated. The tokens were sourced from existing reserves, not new issuance. ANVL holders receive governance rights. Anvil, a self-funded, open-source protocol, enables digital assets to be used as collateral for payments and credit. The protocol update brought its total value locked to $14 million. ANVL has a circulating supply of 800 billion and a maximum supply of 1,000 billion.
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