Tether Invests $100M In Anchorage Digital While HYPER Gains Momentum
Quick Facts: ➡️ Tether’s $100M investment in Anchorage Digital signals a major shift toward regulated, US-centric stablecoin infrastructure via the new $USAT token. ➡️ The deal highlights the institutional demand for compliant custody solutions, bridging the gap between traditional finance and the digital asset economy. ➡️ Bitcoin Hyper is capitalizing on the demand for Bitcoin […]
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Quick Facts: ➡️ Matador Technologies locked in $100M convertible notes to aggressively accumulate Bitcoin, targeting 1% of total supply. ➡️ Wall Street’s buying the dip while retail panics. Bitcoin ETFs saw $191M in outflows as institutional treasurers go contra-cyclical. ➡️ Bitcoin Hyper ($HYPER) combines Bitcoin’s security with actual Layer 2 utility. Fast, cheap, and built […]
The U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan. 13, 2021, the OCC said the company received the national trust banking charter, which allows it to create Anchorage Digital Bank, following a thorough review of its operations. With the approval, Anchorage will now be expected to comply with the capital and liquidity requirements of the OCC and certain risk management procedures. The firm signed an agreement with the banking....
Anchorage Digital Bank announced the introduction of global USD wire transfers, positioning itself as a leader among crypto-native institutions in the sector. As the only federally chartered crypto bank in the United States, Anchorage now offers a federally regulated platform that allows clients to manage both cash and crypto. Anchorage Digital Unveils Dual Currency Feature […]
On January 13, 2021, the US Office of the Comptroller of the Currency (OCC) announced that it had given conditional approval to Anchorage Trust Company, a chartered trust firm, to become Anchorage Digital Bank. This has made Anchorage the first cryptocurrency services provider to have received the national bank charter in the United States. The […]
The raise marks the first time investment giant KKR directly invests in a cryptocurrency firm. Major cryptocurrency custody bank Anchorage Digital has closed a fresh funding round, bringing its valuation to over $3 billion.Anchorage Digital announced on Wednesday that it had raised $350 million in a Series D funding round led by equity investment giant KKR.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 Growth Fund II, which is dedicated to developing....