Anchorage Digital
Funding History
| Series D · 12/2021 | $3.0B |
|---|
About
Anchorage Digital operates Anchorage Digital Bank, National Association, the first federally chartered crypto-native bank in the United States, regulated by the Office of the Comptroller of the Currency.
- founded
- 2017
- headquarters
- San Francisco, California
- totalFundingDisclosed
- $487M
- lastRoundValuation
- $4.2B (February 2026, reported)
- publicStatus
- Private
Overview
Anchorage Digital was founded in 2017 by Nathan McCauley and Diogo Mónica, former Square and Docker security engineers, to build institutional-grade custody infrastructure for digital assets. In January 2021, the company's trust subsidiary received conditional approval from the Office of the Comptroller of the Currency to convert into Anchorage Digital Bank, National Association, making it the first crypto-native firm to hold a national trust bank charter.
The bank serves institutions including asset managers, hedge funds, and corporations, offering custody, staking, trading, financing, governance participation, and stablecoin issuance and reserve-management services. Following passage of the U.S. GENIUS Act stablecoin legislation, Anchorage has positioned itself as an issuance partner for regulated dollar-backed stablecoins, including Tether's U.S.-focused stablecoin.
In August 2025, the OCC terminated the 2022 consent order it had placed on Anchorage Digital Bank over Bank Secrecy Act and anti-money-laundering compliance gaps, more than three years after it was issued, citing improvements to the bank's compliance program.
As of early 2026, Anchorage has raised a reported $200 million to $400 million in additional capital as it builds its balance sheet ahead of a potential public listing, though it has not filed a registration statement with the SEC.
Private securities are speculative, illiquid, and involve risk of complete loss of principal. You should be prepared to hold private securities for an extended period; there is no assurance of a secondary market, an IPO, or other liquidity event. You are fully responsible for conducting your own due diligence. Pricing is indicative — nothing here is an offer of securities.