Anchorage Digital is a technology company.
Anchorage Digital has raised $487.0M across 4 funding rounds.
Anchorage Digital has raised $487.0M in total across 4 funding rounds.
Anchorage Digital has raised $487.0M in total across 4 funding rounds.
Anchorage Digital's investors include Chloe Sladden, Blockchain Capital, Delta Blockchain Fund, Electric Capital, KKR, The Hit Forge, Paradigm, Scalar Capital.
Anchorage Digital is a regulated cryptocurrency platform that builds secure infrastructure for institutions to manage digital assets, including custody, staking, trading, governance, and settlement services.[1][2][3] It serves major institutional clients like BlackRock, Goldman Sachs, Visa, and crypto-native firms such as Aptos and Protocol Labs, solving the core problem of safely storing and transacting cryptocurrencies, stablecoins, NFTs, and USD amid hacking risks and regulatory uncertainty.[1][2][3] The company has demonstrated strong growth momentum, securing tens of billions in assets, achieving a Series D valuation over $3 billion, and expanding globally with offices in San Francisco, New York, Porto, Singapore, and Sioux Falls.[3][4][5]
As the home of Anchorage Digital Bank N.A.—the only federally chartered crypto bank in the U.S.—it provides compliant, integrated services that bridge traditional finance and digital assets, including the Atlas settlement network for on-chain transactions and the Porto self-custody wallet launched in 2024.[1][2][3]
Anchorage Digital was founded in 2017 in San Francisco by Nathan McCauley (current CEO) and Diogo Mónica (Executive Chairman), both world-class security engineers with patent-holding expertise.[1][2][3] The idea emerged from their prior collaboration at Square (now Block, Inc.), where they led security efforts starting from the company's early days, later moving together to Docker to focus on software security.[1] Recognizing the lack of secure custody solutions for institutions entering crypto, they launched Anchorage with backing from Andreessen Horowitz (a16z) and other crypto VCs, quickly attracting traditional finance giants like Visa and Goldman Sachs.[1][3][4]
Pivotal moments include earning a U.S. federal banking charter as the first crypto bank, partnering with the Department of Justice, and raising a $40 million Series B in 2020 led by Blockchain Capital and Visa to expand beyond custody into staking and governance.[1][3][4] This evolution solidified its role in enabling institutional crypto participation.
Anchorage Digital rides the trend of institutional adoption in digital assets, capitalizing on crypto's maturation amid Bitcoin ETFs, stablecoin growth, and blockchain scaling.[3][4] Its timing aligns with post-2022 market recovery and regulatory clarity, like U.S. banking charters, enabling traditional players (e.g., BlackRock) to enter without custody hurdles.[1][2] Market forces favoring it include rising demand for compliant infrastructure as institutions manage trillions in potential assets, plus tailwinds from staking rewards and DeFi integration.[2][3]
It influences the ecosystem by setting standards for secure, regulated crypto participation—paving the way for more banks and funds via federal oversight and tools like Atlas, which reduce settlement risks in a fragmented market.[1][3]
Anchorage Digital is poised to dominate institutional crypto infrastructure as tokenization of real-world assets and layer-2 scaling accelerate, potentially expanding its $3B+ valuation through new products like enhanced Porto wallets and global licenses.[3][4] Trends like AI-driven security, RWAs, and clearer U.S. regulations will shape its path, amplifying its role in bridging TradFi and crypto. Its influence may evolve into a full-stack digital asset bank, onboarding more sovereign funds and enterprises, ultimately proving that secure custody unlocks the new economy's potential—just as its founders envisioned from Square's secure origins.[1][3][4]
Anchorage Digital has raised $487.0M across 4 funding rounds. Most recently, it raised $350.0M Series D in December 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2021 | $350.0M Series D | Chloe Sladden, Blockchain Capital, Delta Blockchain Fund, Electric Capital, KKR, The Hit Forge | |
| Feb 1, 2021 | $80.0M Series C | Chloe Sladden, Blockchain Capital, Delta Blockchain Fund, Electric Capital, KKR, The Hit Forge | |
| Jul 1, 2019 | $40.0M Series B | Chloe Sladden, Blockchain Capital, Delta Blockchain Fund, Electric Capital, KKR, The Hit Forge | |
| Jan 1, 2019 | $17.0M Series A | Electric Capital, Paradigm, Scalar Capital |