Anchorage Digital
Anchorage Digital is a Custody & Institutional company founded in 2017 and based in San Francisco, United States. It has raised $587M in total funding, most recently a Strategic investment in 2026 at a $4.2B valuation.
Founded in 2017 by Diogo Monica and Nathan McCauley, Anchorage Digital is the first US federally chartered digital-asset bank, holding a national trust charter from the OCC. It provides institutional-grade custody, trading, settlement, staking, and stablecoin issuance to funds, corporations, and other institutions. Anchorage raised a $350 million Series D led by KKR in December 2021 at a valuation above $3 billion, and in February 2026 took a $100 million strategic equity investment from Tether at a $4.2 billion valuation. Through its stablecoin platform it issues USDtb (developed with Ethena Labs) and was selected as the US issuer of Tether's bank-issued USAT stablecoin.
Anchorage's OCC bank charter makes it the most regulated US custodian, a key on-ramp for institutional capital into crypto.
anchorage.com ↗·Custody & Institutional·
United States·private 
