Share this article
Private Equity Giant KKR Plans to Back Anchorage Fundraise at $3B Valuation: Report
The crypto custody platform previously raised $80 million in a funding round in February.
By Brandy Betz
Updated May 11, 2023, 7:05 p.m. Published Nov 18, 2021, 4:39 p.m.
Private equity firm KKR plans to lead a Series D investment round for crypto platform Anchorage, according to a person quotes by The Information. The funding would reportedly push Anchorage up to a roughly $3 billion valuation.
- San Francisco-based Anchorage is a crypto custody platform that lets institutional investors safely hold and use crypto. Anchorage was the first crypto firm to receive a U.S. federal banking charter from the Office of the Comptroller of the Currency, making Anchorage the first nationwide digital asset bank.
- In October, sources told CoinDesk that Anchorage was planning to raise a large new funding round at a $2 billion to $3 billion valuation.
- Anchorage raised an $80 million Series C in February of this year, but did not disclose the valuation at that time.
- KKR had $459 billion in assets under management as of its third-quarter results reported earlier this month. In September, the firm made its first blockchain-related investment by backing the flagship fund of ParaFi Capital, which focuses on decentralized finance markets. KKR also reportedly established a working group dedicated to determining the best use cases for blockchain technology.
More For You
What to know:
- 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
Anchorage Digital Buys Securitize’s RIA Platform to Expand Wealth Management Business
The bank has bought the Securitize For Advisors unit, bringing the RIA-focused crypto wealth management platform in-house.
What to know:
- Anchorage Digital acquired Securitize For Advisors (SFA), a crypto platform for RIAs.
- The deal consolidates an existing custody relationship, with 99% of SFA assets held at Anchorage.
- Securitize will refocus on tokenization as Anchorage expands its wealth management offering.
Top Stories
