Less than a year after raising an $80 million Series C round, Anchorage is announcing that it has raised a $350 million Series D round. With today’s funding round, the company has reached a valuation of more than $3 billion.

With today’s funding round, the company has reached a valuation of more than $3 billion. With today’s funding round, the company plans to improve its product, especially for global financial firms and other fintech companies. That’s because Anchorage received a federal banking charter, turning it into a digital asset bank. With its federal banking charter, Anchorage has a good barrier to entry in case other companies want to compete in the same space.

Crypto Company Anchorage Raises $350 Million At $3 Billion Valuation

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Crypto Company Anchorage Raises $350 Million At $3 Billion Valuation

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