Finance Breaking news Crypto outfit Anchorage raises $80m last financial news

Breaking-Finance.Com - Hot on the heels of securing a national trust charter, digital asset outfit Anchorage has raised $80 million in a Series C funding round led by Singapore's sovereign wealth fund GIC.

Finance Breaking news Crypto outfit Anchorage raises $80m last financial news

Breaking-Finance.Com - Hot on the heels of securing a national trust charter, digital asset outfit Anchorage has raised $80 million in a Series C funding round led by Singapore's sovereign wealth fund GIC.

Finance Breaking news Crypto outfit Anchorage raises $80m last financial news
25 February 2021 - 16:00

Breaking-Finance.Com - Hot on the heels of securing a national trust charter, digital asset outfit Anchorage has raised $80 million in a Series C funding round led by Singapore's sovereign wealth fund GIC. The round was joined by a16z, Blockchain Capital, Lux, and Indico.Since launching in 2017, Anchorage has signed up a host of big name institutional investors as clients, helping them to keep their crypto assets safe. The firm has also expanded into a range of products and services, from staking and governance, to financing and lending, to trading and DeFi.

. It also wants to become a crypto partner to challenger and traditional banks and to make institutional DeFI participation accessible.W Bradford Stephens, managing partner, Blockchain Capital, says: "Anchorage has gone through a brilliant metamorphosis—from a world-class custody solution, to the standard-bearer for crypto banking. In just a few short years, they’ve already been a powerful, catalytic force for institutional adoption, regulatory confidence, and overall maturation of the space."

Source = Breaking-Finance.Com

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Finance Breaking news Crypto outfit Anchorage raises $80m last financial news


Finance Breaking news Crypto outfit Anchorage raises $80m last financial news


Finance Breaking news Crypto outfit Anchorage raises $80m last financial news


Finance Breaking news Crypto outfit Anchorage raises $80m last financial news

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