Anchorage Digital Valued at $4.2 Billion Following Funding from Tether, Provides Liquidity for Insiders
Anchorage Digital, the first federally chartered digital-asset bank, has reached a $4.2 billion valuation following a $100 million investment from stablecoin issuer Tether. According to a note from the firm, the investment coincides with Tether enlisting Anchorage to issue a new US dollar stablecoin, USA₮…. Read More
Read more in: Blockchain & Digital Assets | Tagged anchorage, anchorage digital, banking, funding round, tether