Anchorage Digital Seeks $200-400 Million Funding Ahead of Potential IPO
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TLDR: Anchorage Digital pursues $200-400M capital raise ahead of planned initial public offering next year. Federal charter enables Anchorage to issue stablecoins under GENIUS Act signed into law in July 2024. Partnership with Tether announced in September to launch USAT token for the American digital market. Company plans to double stablecoin team size within next year despite recent crypto market volatility. Anchorage Digital is pursuing a substantial capital raise as the company considers going public. The New York-based digital asset custodian aims to secure between $200 million and $400 million in fresh funding. This move comes ahead of a possible initial public offering planned for next year. The firm’s affiliate operates as the first federally chartered digital-asset bank in the United States. Federal Charter Enables Stablecoin Issuance Plans Anchorage Digital Bank NA holds a unique position in the cryptocurrency industry. The federal license permits the company to issue stablecoins under the GENIUS Act. Congress passed this legislation, and it became law in July of this year. The bank announced a partnership with Tether Holdings SA in September. Tether, based in El Salvador, ranks as the world’s largest stablecoin issuer. Together, they plan to launch the USAT token for the American market. Anchorage Digital, whose affiliate is the first federally chartered US digital-asset bank, is seeking to raise fresh capital as it explores a potential public listing, according to people with knowledge of the matter https://t.co/6xLNEJN54W — Bloomberg (@business) January 16, 2026 Stablecoins represent cryptocurrencies designed to maintain consistent value. Most are pegged to the US dollar through cash reserves or similar assets. Clearer regulations in the US and European Union have boosted institutional participation. Financial institutions now show greater interest in these digital dollar alternatives. Expansion Strategy Amid Market Conditions Chief Executive Officer Nathan McCauley outlined ambitious growth plans…
Filed under: News - @ January 17, 2026 9:18 pm