Here’s the latest major news on the first crypto bank planning a roughly $3 billion IPO:
yellow.com
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First US Crypto Bank Valued At $3B Plans IPO As Institutions Bet On Custody And Stablecoin Rails
Crypto bank Anchorage Digital eyes $400M raise with IPO in sight: Report
Yesterday
Yesterday
What’s happening
Anchorage Digital, the company that operates the first federally chartered cryptocurrency bank in the United States, is preparing for a potential IPO targeting a valuation of around $3 billion. �
DropsTab
The bank is reportedly seeking to raise $200 million to $400 million in new funding ahead of going public—likely in 2026 or early 2027. �
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This planned IPO would mark one of the most significant crypto-bank listings yet, testing institutional appetite for regulated digital-asset finance. �
yellow.com
About Anchorage Digital
Established in 2017, Anchorage Digital became the first U.S. crypto firm to receive a federal bank charter from the Office of the Comptroller of the Currency (OCC). �
Wikipedia
It offers custody, trading, staking, tokenization, and emerging stablecoin issuance services and serves institutional clients such as banks and hedge funds. �
ODaily
In 2021, it raised capital at a valuation of over $3 billion with backing from investors including KKR, Goldman Sachs, and GIC. �
MEXC
Why this matters
The move comes amid renewed institutional interest in regulated crypto infrastructure, especially custody and stablecoin services. �
AInvest
A successful IPO could validate the market for crypto banks as institutional financial utilities, bridging traditional finance and digital assets. �
AInvest
Broader context
Other crypto-related firms, such as BitGo and Kraken, are also exploring or executing public listings, showing a wider trend of crypto companies entering public markets. �
Keepbit
Let me know if you want a deeper dive into Anchorage’s business model, IPO timeline, or what this could mean for crypto markets!