{"id":381316,"date":"2021-12-15T13:07:45","date_gmt":"2021-12-15T10:07:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/kkr-leads-350m-raise-for-crypto-custody-bank-anchorage-digital\/"},"modified":"2021-12-15T13:07:45","modified_gmt":"2021-12-15T10:07:45","slug":"kkr-leads-350m-raise-for-crypto-custody-bank-anchorage-digital","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/kkr-leads-350m-raise-for-crypto-custody-bank-anchorage-digital\/","title":{"rendered":"# KKR leads $350M raise for crypto custody bank Anchorage Digital"},"content":{"rendered":"

“# KKR leads $350M raise for crypto custody bank Anchorage Digital <\/strong>”
\n<\/p>\n

Major cryptocurrency custody bank Anchorage Digital has closed a fresh funding round, bringing its valuation to over $3 billion.<\/p>\n

Anchorage Digital announced on Wednesday that it had raised $350 million in a Series<\/a> D funding round led by equity investment giant KKR.<\/p>\n

According to the announcement, this is the first time for KKR to directly invest in equity in a company in the crypto industry. The company invested through its Next Generation Technology<\/a> Growth Fund II, which is dedicated to developing equity investment in the technology space.<\/p>\n

\u201cAs a pioneer in enabling institutional investors to access digital assets, Anchorage has built a best in class, institutional-grade digital asset platform that combines the best practices of both modern security and usability,\u201d KKR senior leader of technology growth equity team Ben Pederson said.<\/p>\n

The new raise also included a wide number of investors both in traditional finance and the cryptocurrency industry, including companies such as Goldman Sachs investment bank and Sam Bankman-Fried\u2019s crypto firm, Alameda Research. Other investors include venture capital firm Andreessen Horowitz, BlackRock, Blockchain Capital, Delta Blockchain Fund, PayPal and Kraken.<\/p>\n

The new funding will help Anchorage Digital further expand its infrastructure and product offerings as well as continue growing its headcount, which has already increased by 175% in 2021.<\/p>\n

Related: <\/em><\/strong>Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022<\/em><\/strong><\/p>\n

\u201cThis funding positions Anchorage Digital to meet the unprecedented institutional demand for this rapidly evolving market,\u201d Anchorage Digital co-founder and president Diogo M\u00f3nica said.<\/p>\n

Anchorage became the first crypto firm to receive a charter from the United States national bank regulator, the Office of the Comptroller of the Currency, in January 2021. The firm subsequently raised $80 million in a Series C round led by Singapore\u2019s sovereign wealth fund GIC.<\/p>\n