Anchorage Digital Secures $100M Strategic Investment from Tether

Tether Investments has made a $100 million strategic equity investment in Anchorage Digital, reinforcing the regulated digital asset bank’s role in institutional crypto infrastructure and deepening the partnership between the two firms.

Anchorage Digital, the first federally chartered digital asset bank in the United States, has received a $100 million strategic equity investment from Tether Investments, the independent investment arm of Tether, the world’s largest stablecoin issuer. This development significantly deepens the strategic relationship between the two companies and marks a major milestone in the push for regulated digital asset infrastructure.

Anchorage Digital Bank, N.A. provides a wide range of institutional digital asset services — including custody, staking, governance, settlement and stablecoin issuance — positioning it as a cornerstone of secure, regulated infrastructure for both institutional and mainstream participation in digital assets.

The investment values Anchorage Digital at an estimated $4.2 billion, and reflects confidence from one of the most established players in the digital asset ecosystem in Anchorage’s model of compliant, institutional-grade services.

Strategic Confidence in Regulated Infrastructure

The $100 million investment extends an existing partnership between Tether and Anchorage Digital. Notably, Anchorage Digital serves as the issuer of USA₮, Tether’s U.S.-focused, dollar-pegged stablecoin launched following the enactment of the GENIUS Act in the United States — federal legislation designed to create a regulatory framework for stablecoins.

This strategic equity commitment from Tether goes beyond financial backing and signals shared priorities around:

  • Security and resilience of digital asset infrastructure
  • Regulatory alignment and compliance within established legal frameworks
  • Scalability of institutional crypto services such as custody, staking and settlement
  • Transparent and robust foundations for stablecoin issuance

According to Paolo Ardoino, CEO of Tether, the investment reflects a shared belief in secure, transparent, resilient financial systems that can support broader digital asset adoption across institutional and retail markets.

Nathan McCauley, Co-Founder and CEO of Anchorage Digital, said that this investment is a validation of the institution’s long-term infrastructure build, underscoring the importance of regulated foundations for digital assets to scale.

Anchorage’s Role in Institutional Crypto Adoption

Anchorage Digital Bank was founded in 2017 and earned its federal charter from the U.S. Office of the Comptroller of the Currency — a significant regulatory milestone that enables it to offer a suite of digital asset financial services within a fully compliant framework.

The bank’s offerings span:

  • Institutional custody services for crypto assets
  • Staking and governance infrastructure
  • Settlement and trading services
  • Stablecoin issuance and support
  • Compliance-driven digital asset infrastructure for enterprises

Anchorage’s integration with established regulatory requirements makes it an attractive partner for stablecoin issuers and institutions seeking to anchor digital asset services in compliant environments — a trend that has gained momentum with evolving regulation and the mainstreaming of institutional crypto adoption.

The Bigger Picture: Regulatory Alignment and Market Confidence

This investment comes at a time when regulation and institutional confidence have become core themes in digital asset markets — especially in the U.S., where authorities have worked to establish clearer frameworks for stablecoin and crypto activities.

Tether — known for issuing USDT (Tether), the world’s largest stablecoin by market capitalization — has increasingly emphasised regulatory collaboration and partnerships with institutions that align with legal and compliance frameworks.

Anchorage Digital’s role as the issuer of USA₮, a federally regulated U.S. stablecoin supported by the GENIUS Act framework, reflects this shift toward embedding stablecoins within regulated banking infrastructure.

The investment supports Anchorage’s continued expansion of institutional services and enhances its capacity to serve enterprises, financial institutions and other regulated entities seeking trustworthy, compliant digital asset operations. It also showcases how digital asset firms and stablecoin issuers are forging partnerships that balance innovation with oversight — a structural trend shaping the next era of blockchain-based financial systems.

Looking Ahead: Growth and Market Impact

The timing of this equity investment suggests that Anchorage Digital is well-positioned for continued growth and market influence. With a strengthened capital base and deeper strategic ties to Tether, the bank can further develop its infrastructure offerings and support broader participation in stablecoin ecosystems and digital asset markets.

The announcement also included Anchorage Digital’s first employee tender offer at the same valuation, providing liquidity to long-tenured employees without diluting equity — a move that reflects the firm’s emphasis on team retention and alignment with long-term goals.

In the broader context of crypto markets, this investment is likely to drive greater institutional confidence in regulated digital asset banks, encourage deeper partnerships between stablecoin issuers and compliant financial institutions, and accelerate infrastructure development that supports both mainstream and enterprise engagement with digital finance.