Anchorage

Anchorage Digital is offering U.S.-compliant stablecoin rails to international banks to speed cross-border transfers and reduce reliance on correspondent banking. The move bundles custody, tokenized USD settlement and compliant onboarding for institutional clients.

Roughly $300 million in disclosed crypto funding closed in the first week of February, with custody and compliance names like Anchorage and TRM Labs among the headline deals. The rounds highlight renewed investor appetite for infrastructure and security-focused firms.

Tether has injected $100 million into Anchorage Digital, the U.S.-regulated bank behind its USAT stablecoin, reinforcing its presence in the U.S. market and banking relationships.

Crypto custodian Anchorage Digital is pursuing $200 million to $400 million in new capital as it prepares for a possible IPO next year. The raise is positioned to strengthen the firm's balance sheet and support growth ahead of a public listing.

Ethena has expanded its custody framework with Kraken, Anchorage and Zodia to safeguard about $5 billion in stablecoin assets as backing shifts into treasury assets. The move is designed to add institutional-grade custody and reassure markets amid the protocol's asset transition.

Bitcoin slipped under $98,000 on Nov. 14 amid a broad crypto selloff, while custody firm Anchorage added 4,094 BTC to its holdings during the downturn. The juxtaposition of heavy selling and sizable institutional buying is drawing market attention.