Share this article
Anchorage, Newly Cleared as US Crypto Bank, Raises $80M From A16z and Others
The round in the crypto custodian was led by GIC, Singapore’s sovereign wealth fund.
By Ian Allison
Updated May 9, 2023, 3:16 a.m. Published Feb 25, 2021, 3:39 p.m.
Crypto custody firm Anchorage has raised an $80 million Series C funding round, led by GIC, Singapore’s sovereign wealth fund. Also participating in the round were Andreessen Horowitz (a16z), Blockchain Capital, Lux and Indico.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
“This new capital will allow us to rapidly scale to meet the rising demand for participation in the digital asset space, particularly among corporations and traditional financial institutions,” Anchorage President Diogo Mónica said in a statement.
San Francisco-based Anchorage is distinguished as the first crypto native to receive a federal banking charter from the Office of the Comptroller of the Currency (OCC), making it the first national “digital asset bank” in the U.S.
Read more: Anchorage Becomes First OCC-Approved National Crypto Bank
“Anchorage has gone through a brilliant metamorphosis – from a world-class custody solution, to the standard-bearer for crypto banking. In just a few short years, they’ve already been a powerful, catalytic force for institutional adoption, regulatory confidence, and overall maturation of the space. We’re proud to lend our support as they continue to push the industry forward – and the financial systems together,” said Blockchain Capital partner Brad Stephens.
Over the coming months, Anchorage said it plans to help corporations add crypto to their balance sheets and treasuries, the way Tesla and MicroStrategy have done. The firm also said it plans to scale its lending business and will look to partner with neobanks, challenger banks and traditional banks.
More For You
알아야 할 것:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
VanEck's new Avalanche ETF filing to include staking rewards for AVAX investors
The fund will use Coinbase Crypto Services as its initial staking provider and pay a 4% service fee, with rewards accruing to the fund and reflected in its net asset value.
알아야 할 것:
- VanEck has updated its filing for an Avalanche ETF, VAVX, to include staking rewards, aiming to generate income for investors by staking up to 70% of its AVAX holdings.
- The fund will use Coinbase Crypto Services as its initial staking provider and pay a 4% service fee, with rewards accruing to the fund and reflected in its net asset value.
- If approved, the fund will trade on Nasdaq under the ticker VAVX, tracking AVAX's price via a custom index, and will be custodied with regulated providers, including Anchorage Digital and Coinbase Custody.
Top Stories
