Anchorage Digital Eyes $400M Raise, Potential IPO on the Horizon: Report
According to reports, crypto bank Anchorage Digital, the first federally chartered bank, is considering raising $400 million with a potential IPO in sight. Anchorage also aims to become a leading stablecoin issuer by 2026 and intends to double the size of its stablecoin team this year, according to the report. The development suggests a strategic move by Anchorage Digital to expand its presence in the stablecoin market and further solidify its position within the cryptocurrency industry.
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