Anchorage Digital Seeks $200-400 Million Funding Ahead of Potential IPO

TLDR: Anchorage Digital pursues $200-400M capital raise ahead of planned initial public offering next year. Federal charter enables Anchorage to issue stablecoins under GENIUS Act signed into law in July 2024. Partnership with Tether announced in September to launch USAT token for the American digital market. Company plans to double stablecoin team size within next [...]

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