Visa, Blockchain Capital, a16z Back $40 Million Series B Round for Crypto Custodian Anchorage
Institutional crypto custody provider Anchorage just raised $40 million in a Series B round backed by Blockchain Capital, Visa and a16z.
Crypto custodian Anchorage is launching a brokerage for its institutional clients, supporting the effort with new analysis and risk modeling capabilities after acquiring data startup Merkle Data.
Crypto's second wave of custody solutions will be trained on satisfying the needs of institutions, writes Anchorage's Diogo Monica.
The Libra Association has formed a steering committee to oversee the creation of its technical roadmap.
Despite government scrutiny, crypto firms in the Libra Association say they're committed to the project.
After a $40 million Series B, buzzy crypto startup Anchorage is setting up a new subsidiary in Sioux Falls, South Dakota.