Anchorage Digital, the chief cryptocurrency treasurer, has shut down more than $ 3 billion worth of new funds.

Anchorage Digital announced on Wednesday that it had raised $ 350 million in a Series D fundraiser that prompted the giant to invest in KKR Capital.

According to the announcement, this is the first time that KKR has invested directly in the company’s share capital in the crypto industry. The company has invested through its next-generation II Technology Development Fund, which is committed to developing equity investments in the technology space.

“As a pioneer in giving corporate investors access to digital assets, Anchorage has built a world-class digital assets platform that integrates best practices with the latest security and ease of use,” said Ben Pederson, Senior Technology Development Team Leader. , Said Ben Pederson.

Investment bank Goldman Sachs and crypto companies Sama Bankman-Frieda, Alameda Research and many other investors from both the traditional financial and cryptocurrency industries joined the new growth. Other investors include business capital firms Andreessen Horowitz, BlackRock, Blockchain Capital, Delta Blockchain Fund, PayPal and Kraken.

The new funding will enable Anchorage Digital to continue to expand its infrastructure and product offerings, as well as further increase its workforce by 2021, which had already increased by 175%.

Related: Celsius expands funding to $ 750 million and advises estimates of $ 7 billion to $ 10 billion by 2022.

“These funds will enable Anchorage Digital to meet the unprecedented corporate demand for this rapidly growing market,” said Diogo Mónica, co-founder and president of Angorage Digital.

In January 2021, Anchorage became the first cryptocurrency company to receive a charter from the Currency Regulatory Office, a regulator of the U.S. National Bank. The company later raised $ 80 million in a Series C round from the Singapore-based GIC Wealth Fund.

Source: CoinTelegraph