Tether backs Anchorage Digital in $100M equity investment

Tether, the issuer of the world’s largest stablecoin, USDT, has finalized a major strategic move by leading a $100 million equity investment into Anchorage Digital. Anchorage is widely recognized as the first federally chartered digital asset bank in the United States, holding an operating charter from the Office of the Comptroller of the Currency (OCC).

This significant capital injection is aimed at bolstering Anchorage’s institutional offerings and strengthening its highly regulated compliance framework. The investment signals Tether’s proactive strategy to support robust, regulated infrastructure within the broader digital asset ecosystem, extending its influence beyond its core stablecoin issuance business.

For Anchorage Digital, the funds will be strategically deployed to expand its suite of institutional services, including custody solutions, staking capabilities, and advanced governance tools. The partnership emphasizes the growing demand from traditional financial institutions for compliant and secure pathways into the crypto economy. Tether’s backing reinforces Anchorage’s leading position in providing secure, regulatory-compliant solutions necessary for widespread institutional adoption of digital assets.

Source: Tether backs Anchorage Digital in $100M equity investment