Anchorage Digital Targets $200M–$400M Fundraising Ahead of 2027 IPO

Source: CoinEdition Original Title: Anchorage Digital Targets $200M–$400M Fundraising Ahead of IPO Original Link:

Overview

• Anchorage aims to raise $200M–$400M ahead of a potential 2027 IPO.
• It plans to launch the USAT token for the U.S. market in partnership with Tether.
• Through acquisitions and partnership the company intends to strengthen its position in the institutional crypto sector.

Fundraising and IPO Plans

Anchorage Digital is planning to raise between $200 million and $400 million as it prepares for a possible Initial Public Offering (IPO) in 2027. The fundraising would be used to support the company’s growth and expansion prior to offering shares publicly.

Anchorage, based in New York, provides custody and security services for digital assets, including Bitcoin and other cryptocurrencies. Its subsidiary, Anchorage Digital Bank National Association, became the first federally chartered crypto bank in the United States in 2021, granting the firm formal regulatory recognition.

Stablecoin Expansion

Anchorage Digital Bank’s federal license allows the company to issue digital dollars backed by real assets. In September, Anchorage announced a partnership with Tether Holdings SA, the world’s largest stablecoin issuer, to launch the USAT token for the U.S. market. Stablecoins, pegged to the U.S. dollar, are designed to provide digital currency with minimal price volatility.

The firm plans to expand its stablecoin team over the next year to accommodate anticipated growth in digital dollar adoption. Anchorage CEO Nathan McCauley pointed out the company’s intention to hire specialists in technology, finance, and compliance to support this initiative.

Growth Through Partnerships and Acquisitions

Acquisitions, partnerships, and new product launches have marked Anchorage’s expansion in 2025. The company’s spokesperson stated that these moves were intended to strengthen its position in the institutional crypto sector and support large investors and financial institutions. The launch of stablecoin issuance represents one of several new business lines introduced this year.

While Anchorage is preparing for a possible IPO next year, the company has not finalized its valuation. A spokesperson declined to comment on fundraising or IPO plans, citing the private nature of the efforts. The forthcoming capital raise is intended to support service expansion and operational scaling in advance of any public offering.