Anchorage Digital is seeking to raise $200 million to $400 million in funding to prepare for a potential IPO next year.

PANews January 17 News, according to Bloomberg, sources familiar with the matter revealed that Anchorage Digital (its subsidiary is the first federally chartered digital asset bank in the United States) is seeking to raise new funds to explore a potential listing plan. This New York-based company focuses on safeguarding digital assets through custody and other services. An anonymous source said that Anchorage Digital hopes to raise between $200 million and $400 million before possibly conducting its initial public offering (IPO) next year. The source also mentioned that Anchorage Digital is still finalizing its valuation plan.

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