{"id":189097,"date":"2021-02-25T21:07:10","date_gmt":"2021-02-25T18:07:10","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/anchorage-set-for-growth-following-80m-fundraise\/"},"modified":"2021-02-25T21:07:10","modified_gmt":"2021-02-25T18:07:10","slug":"anchorage-set-for-growth-following-80m-fundraise","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/anchorage-set-for-growth-following-80m-fundraise\/","title":{"rendered":"# Anchorage set for growth following $80M fundraise"},"content":{"rendered":"

“# Anchorage set for growth following $80M fundraise <\/strong>”
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Last month, digital asset entity Anchorage received a bank charter from the United States Office of the Comptroller of the Currency, or OCC. This month, the outfit has added $80 million in funds.\u00a0<\/p>\n

“Today, we are pleased to announce that Anchorage has raised an $80 million Series<\/a> C, led by GIC, Singapore\u2019s sovereign wealth fund, with participation from a16z, Blockchain Capital, Lux, and Indico,” a Thursday blog post announcement from Anchorage says<\/a>, adding:\u00a0\u00a0<\/p>\n

“This new capital will allow us to rapidly scale to meet the rising demand for participation in the digital asset space, particularly among corporations and traditional financial institutions.”<\/p><\/blockquote>\n

In January, the OCC dished out a banking charter to Anchorage \u2014 a first by the governing body for a blockchain company. The ruling came with a number of guidelines, including specific restrictions preventing Anchorage from acting as a bank in the traditional sense.\u00a0<\/p>\n

Anchorage started as a digital asset custody solution, later expanding into other crypto finance endeavors. Its recent blog post details:<\/p>\n

“This new round of funding will help us help institutions participate in new ways \u2014 by bringing crypto to their users, by diversifying their corporate treasuries, and by enabling a wide range of emerging use cases.”<\/p><\/blockquote>\n

Upcoming developments include easing the processes around the lending of digital assets and partnerships with multiple bank types, the post added.<\/p>\n

In July 2020, the OCC gave U.S. national banks the go-ahead to offer crypto custody services.\u00a0<\/p>\n