Yesterday Anchorage announced a
Series B funding round of $40 million led by Blockchain Capital with participation from Visa. Anchorage targets digital asset storage for institutional investors. It follows a $17 million Series A round raised last year and announced in January.
Institutional investors want their digital assets to be stored securely. But they also require access to these assets at a moment’s notice so they can exploit market opportunities.
“We believe Anchorage is the safest place to hold digital assets, having modernized crypto custody beyond physical cold storage with advanced security engineering,” said P. Bart Stephens, Managing Partner at Blockchain Capital.
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