Crypto Bank Anchorage to Command $2B+ Valuation in New Funding Round, Sources Say

Crypto Bank Anchorage to Command B+ Valuation in New Funding Round, Sources Say
Cryptocurrency custody firm Anchorage is raising a large funding round that will value the San Francisco-based company at between $2 billion and $3 billion, according to four people familiar with the plans.“Anchorage is about to raise at a $3 billion valuation,” said one of the people, who asked not to be named. “They’re raising a big round and it’s based on the fact that financial institutions are looking to enter this space.” Another industry insider said the valuation could land in the $2 billion to $3 billion range.The forthcoming raise comes as crypto firms are bringing in venture capital valuations…