The chartered crypto bank continues to raise money as it ramps up its efforts to bring crypto to the traditional banking system.
US-based cryptocurrency assets platform provider Anchorage Digital raised $350m in a series D round featuring digital payment platform PayPal, quantitative trading firm Alameda Research, cryptocurrency exchange Kraken and investment banking firm Goldman Sachs, valuing the company at over $3bn as institutional investors are set to move further into the crypto space.
Private equity firm KKR’s Next Generation Technology Growth Fund II led the round, which included Singaporean sovereign wealth fund GIC, funds and accounts managed by BlackRock, Andreessen Horowitz, Delta…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
