The Anchorage Digital Tether investment was announced following a $100 million equity deal involving the stablecoin issuer Tether. The transaction values Anchorage Digital at $4.2 billion. The funding was disclosed on February 6, 2026. Tether acquired a minority ownership stake as part of the agreement.
Anchorage Digital is a crypto-focused financial services company founded in 2017. It provides institutional-grade digital asset infrastructure to clients worldwide. The Anchorage Digital Tether investment marks one of the largest strategic investments made by Tether in a regulated crypto bank.
Details of the Anchorage Digital Tether Investment
The Anchorage Digital Tether investment was structured as an equity financing round. Tether, the issuer of the USDT stablecoin, participated directly in the deal. No changes to Anchorage’s executive leadership were announced alongside the investment.
Anchorage Digital operates as the first federally chartered digital asset bank in the United States. The company offers custody, trading, staking, settlement, governance services, and stablecoin issuance. Its operations span the United States, Singapore, and Portugal.
Institutional Growth and Prior Funding History
Before the Anchorage Digital Tether investment, the company raised $350 million in a Series D round in 2021. That funding round was led by KKR, with participation from Goldman Sachs, GIC, and other institutional investors. The 2021 round valued the company at approximately $3 billion.
The latest valuation reflects an increase tied to expanded institutional demand for regulated crypto services. Anchorage continues to focus on compliance-driven infrastructure for financial institutions.
Employee Liquidity and Stablecoin Collaboration
Alongside the Anchorage Digital Tether investment, the company announced its first employee tender offer. The program allows eligible employees to sell shares at the $4.2 billion valuation. The company stated the tender offer does not alter its long-term ownership structure.
Tether also selected Anchorage Digital Bank N.A. as the issuer of its U.S.-focused stablecoin USA₮. The stablecoin is designed for the American market and operates within U.S. regulatory frameworks.
The Anchorage Digital Tether investment strengthens ties between stablecoin issuance and regulated banking infrastructure.
