Anchorage Digital is seeking to raise $200 million to $400 million in preparation for a potential IPO next year

According to Bloomberg, informed sources have revealed that Anchorage Digital (whose subsidiary is the first federally chartered digital asset bank in the U.S.) is seeking to raise new funds to explore potential listing plans. The New York-based company focuses on securing digital assets by providing custody and other services.

An anonymous insider stated that Anchorage Digital aims to raise between $200 million and $400 million ahead of a possible initial public offering (IPO) next year. The source also indicated that Anchorage Digital is still finalizing its valuation plan.