Tether Invests $100M in Anchorage Digital, Valuing Company at $4.2B

Tether's $100 million equity stake in Anchorage Digital underscores a commitment to security and institutional-grade offerings in the stablecoin sector.

Tether has made a significant move by investing $100 million into Anchorage Digital, leading to a valuation of the firm at $4.2 billion. This strategic partnership is indicative of both companies' shared vision and commitment to advancing security, compliance, and the development of institutional-grade services tailored for stablecoins.