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    Home»Fundraising»KKR helps Anchorage Digital to more than $3bn valuation with $350m in new funding together with Goldman Sachs, and others
    Fundraising

    KKR helps Anchorage Digital to more than $3bn valuation with $350m in new funding together with Goldman Sachs, and others

    December 16, 2021Updated:December 16, 20211 Min Read
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    Anchorage Digital, a federally chartered crypto bank in the U.S., has raised $350 million in a Series D funding round.

    Private equity giant KKR led the round by investing through its Next Generation Technology Growth Fund II. This is KKR’s first direct equity investment in a crypto firm, said Anchorage. In September, KKR took a stake in the flagship fund of crypto VC firm ParaFi Capital.

    This round brings San Francisco-based Anchorage’s total funding to date to over $485 million and its valuation to over $3 billion. In February, the firm raised $80 million in Series C funding but did not disclose its valuation at the time.

    Read more/Source: The Block

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