Regulatory developments are shaping the competitive landscape as Anchorage Digital accelerates its push in regulated crypto infrastructure, with Coinbase Custody, Fidelity Digital Assets, and traditional banks expanding around stablecoins and custody services, positioning Anchorage to gain market share.

Bloomberg reports fundraising and an IPO timeline are under consideration, with details based on sources familiar with the matter.

The fundraising information comes from Bloomberg and relies on anonymous sources familiar with the matter.

Anchorage Digital is building regulated infrastructure for institutional crypto finance through stablecoin issuance, custody services, and compliance partnerships, strengthening its market position ahead of a potential IPO.

Bloomberg sources say Anchorage is pursuing a potential public listing and plans to raise between $200 million and $400 million in new capital ahead of an IPO anticipated in the coming year.

Anchorage, the first federally chartered US digital asset bank, is seeking $200–$400 million in fresh capital in advance of a potential 2027 IPO.

The capital raise is intended to support growth and an IPO plan that could materialize in 2027, reflecting strong market confidence in its regulated crypto banking model.

CEO Nathan McCauley said the company will double its stablecoin team over the coming year to support growth in digital dollars.

A core strategic focus remains stablecoins, with plans to scale USAT issuance and related services to meet anticipated demand from banks, fintechs, and global institutions following the GENIUS Act.

Analysts view the funding round as a strategy to achieve a higher valuation before an eventual public listing, following a Series D round in 2021 that valued the company above $3 billion.

Investors are watching how regulatory status could justify premium valuations, with regulation seen as a differentiator in a fast-growing market.

The new capital is expected to fund technology upgrades, geographic expansion, and expanded sales and compliance teams to offer an integrated platform for traditional institutions entering digital assets.