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KKR leads $350M raise for crypto custody bank Anchorage Digital
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cointelegraph.comMajor cryptocurrency custody bank Anchorage Digital has closed a fresh funding round, bringing its valuation to over $3 billion.
Anchorage Digital announced Dec. 15 that it raised $350 million in a series D round led by equity investment giant KKR.
According to the announcement, this is the first time for KKR to directly invest in equity in a company in the crypto industry. The company invested through its Next Generation Technology Growth Fund II, which is dedicated to developing equity investment in the technology space.
“As a pioneer in enabling institutional investors to access digital assets, Anchorage has built a best in class, institutional-grade digital asset platform that combines the best practices of both modern security and
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