Private Equity Giant KKR Plans to Back Anchorage Fundraise at $3B Valuation: Report

Private Equity Giant KKR Plans to Back Anchorage Fundraise at B Valuation: Report
Private equity firm KKR plans to lead a Series D investment round for crypto platform Anchorage, according to The Information sources. The funding would reportedly push Anchorage up to a roughly $3 billion valuation.San Francisco-based Anchorage is a crypto custody platform that lets institutional investors safely hold and use crypto. Anchorage was the first crypto firm to receive a U.S. federal banking charter from the Office of the Comptroller of the Currency, making Anchorage the first nationwide digital asset bank.In October, sources told CoinDesk that Anchorage was planning to raise a large new funding round at a $2 billion to…