Anchorage raises $80M Series C, led by GIC, Singapore’s sovereign wealth fund

This new capital will allow Anchorage to rapidly scale to meet the rising demand for participation in the digital asset space; particularly among corporations and traditional financial institutions...

Anchorage raises $80M Series C, led by GIC, Singapore's sovereign wealth fund

Anchorage, the first crypto-native company to receive a federal banking charter from the OCC, today announced an $80 million Series C funding round to expand its digital bank services.

The Series C was led by GIC, Singapore’s sovereign wealth fund, with participation from a16z, Blockchain Capital, Lux, and Indico.

This new round of funding will help Anchorage support institutions in new ways; by bringing crypto to their users, by diversifying their corporate treasuries, and by enabling a wide range of emerging use-cases.

In the following months, Anchorage expects to: