U.S. Crypto Banking Giant Eyes Major Fundraising and 2026 IPO Push

Anchorage Digital, holding the distinction of being America's first federally licensed cryptocurrency bank, is signaling aggressive expansion plans. The firm is actively seeking to raise between $200 million to $400 million in fresh capital, with an IPO target set for 2026.

This move reflects broader momentum in the crypto finance space as traditional regulatory frameworks tighten around digital assets. A federal banking charter represents a critical milestone—it positions Anchorage as a bridge between institutional crypto operations and conventional financial oversight.

The fundraising target suggests confidence in scaling custody services, prime brokerage, and staking solutions that cater to institutional players. Market observers see this as a potential inflection point: if executed successfully, the 2026 IPO could catalyze further legitimacy for crypto banking infrastructure.

Key considerations? Regulatory headwinds, market volatility, and competition from both established banks entering crypto and native crypto platforms. Still, the federal banking license remains a significant competitive moat in a consolidating industry.