BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Crypto custodian and bank Anchorage raises $80 million in a Series C funding round

Cryptocurrency custodian and banking company Anchorage announced Thursday that it raised $80 million in a Series C funding round.
The round was led by Singaporean sovereign wealth fund GIC, with participation from a16z, Blockchain Capital, Lux, and Indico.
With fresh capital at hand, Anchorage looks to expand its custody and banking services among institutional customers.
"This new round of funding will help us help institutions participate in new ways — by bringing crypto to their users, by diversifying their corporate treasuries, and by enabling a wide range of emerging use cases," said Anchorage co-founders Diogo Mónica and Nathan McCauley.
Anchorage, which recently became the first federally chartered digital asset bank , also looks to scale its lending product and support new DeFi protocols, said Mónica and McCauley.
The Series C brings Anchorage's total funding to date to $137 million. The firm has previously raised a total of $57 million in several rounds, according to Crunchbase . © 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Cool huh? Please read the full Article: Crypto custodian and bank Anchorage raises $80 million in a Series C funding round


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News