Overview
- Tether Investments took a $100 million strategic equity position in Anchorage Digital, the first federally chartered U.S. digital asset bank.
- Anchorage confirmed the deal values the company at $4.2 billion.
- Anchorage Digital Bank issues USA₮ for the U.S. market and offers institutional custody, staking, settlement, and governance services.
- Anchorage launched its first employee tender offer, allowing long‑tenured staff to sell a portion of their equity at the same valuation.
- The company is exploring a U.S. public-market raise of up to roughly $400 million as stablecoin legislation such as the GENIUS Act advances.