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Anchorage Digital secures $100M investment from Tether as it eyes US IPO

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Tether, through its investment arm Tether Investments, has made a $100 million strategic equity investment in Anchorage Digital, the US’s first federally regulated digital asset bank providing custody, staking, governance, and stablecoin issuance to institutions.

The investment not only expands the existing partnership between Tether and Anchorage Digital but also reflects a shared commitment to building a secure, transparent, and resilient infrastructure for the growing digital asset ecosystem, the companies said in a Thursday announcement.

“Our investment in Anchorage Digital reflects a shared belief in the importance of secure, transparent, and resilient financial systems,” Tether CEO Paolo Ardoino stated. “Anchorage Digital has set a strong benchmark for institutional digital asset infrastructure, and we are pleased to support its continued growth.”

For Anchorage Digital, Tether’s backing confirms the value of the firm’s long-standing efforts to build robust infrastructure, according to CEO Nathan McCauley.

He noted that digital assets require secure and regulated foundations to scale, and said the alliance strengthens their shared commitments while accelerating the development of infrastructure for stablecoins and emerging market needs.

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Tether’s investment comes as Anchorage Digital explores tapping the US public market, aiming to raise as much as $400 million while strengthening its position as a federally chartered crypto bank.



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