Tether
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has dedicated $100 million to Anchorage Digital by way of an fairness funding.
The transaction formalizes an current cooperation and provides a capital hyperlink between the 2 corporations.
Anchorage Digital operates as a US-based digital asset financial institution with a federal constitution. The corporate was based in 2017 and is headquartered in San Francisco.
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It was the primary crypto-focused financial institution in the US to obtain federal approval. Its providers goal institutional shoppers and embrace asset custody, transaction settlement, staking help, and stablecoin issuance.
The connection between the 2 corporations predates the funding. Anchorage Digital serves because the issuer of USAT, a dollar-backed stablecoin that entered circulation on January 27.
The token is designed to be used inside the US and follows the federal cost stablecoin framework launched beneath the GENIUS Act in July 2025. That framework units authorized and operational guidelines for dollar-pegged digital currencies working on the nationwide stage.
The funding was accomplished by way of Tether Investments, the corporate’s funding arm primarily based in El Salvador.
Anchorage Digital has not too long ago been reported to discover a separate fundraising effort within the vary of $200 million to $400 million. That potential elevate is linked to early preparations for a potential preliminary public providing anticipated subsequent yr.
Lately, Tether launched an open-source working system for Bitcoin
$71,158.25
mining referred to as MiningOS (MOS). How does it work? Learn the complete story.
