Anchorage Digital Raises $350M in Series D Funding

Anchorage

Anchorage Digital, a San Francisco, CA-based digital asset platform for institutions, closed a $350m Series D funding round.

The round, which valued Anchorage at over $3 billion, was led by KKR with participation from Goldman Sachs, Alameda Research, Andreessen Horowitz, Apollo credit funds, funds and accounts managed by BlackRock, Blockchain Capital, Delta Blockchain Fund, Elad Gil, GIC, GoldenTree Asset Management, Innovius Capital, Kraken, Lux Capital, PayPal Ventures, Senator Investment Group, Standard Investments, Thoma Bravo, and Wellington Management.

The company intends to use the funds to enhance its infrastructure solutions, specifically for global financial firms and fintech innovators, to accelerate and simplify clients’ engagement with the latest in crypto innovation and increase the size of its team to continue to expand product offerings and grow its client base.

Led by Diogo Mónica, President and Co-Founder, Anchorage Digital is an advanced digital asset platform for investors. From custody and trading to staking, governance, and financing, the company offers a full range of crypto-native financial solutions that are compliant, built to adapt to blockchain use cases, and made to evolve alongside the needs of digital asset investors. Today, Anchorage serves many of the largest institutional investors and enterprise brands in the digital asset space.

FinSMEs

16/12/2021