Crypto bank Anchorage Digital plans to raise $200 million to $400 million in funding ahead of its IPO.

According to Mars Finance, crypto bank Anchorage Digital is seeking to raise $200 million to $400 million in preparation for a potential initial public offering (IPO). The company plans to IPO in 2026. As the first crypto bank to receive a federal charter in 2021, Anchorage Digital is committed to becoming a leading stablecoin issuer following the passage of the GENIUS Act in July 2025. Anchorage Digital CEO Nathan McCauley stated that the company plans to double the size of its stablecoin team within the next year. A company spokesperson said that 2025 is its year of expansion, solidifying its leading position in the institutional crypto space through a series of acquisitions and partnerships, including a planned launch of the USAT token in the US with Tether. In addition, Anchorage Digital offers custody, trading, and staking services and expanded its business in December 2025 through the acquisition of Securitize For Advisors and integration with Hedgey. It completed a $350 million funding round led by KKR & Co. at the end of 2021, valuing the company at over $3 billion.