Anchorage Digital Secured $100M By Doing The "Hard Thing"

This Thursday, Anchorage Digital announced a massive $100M strategic investment from Tether.

They won this deal because they possess the one thing Tether couldn't build for itself - Access to the U.S. Banking System.

Anchorage isn't just a tech startup though. They are a Federally Chartered Bank 🏦

They can hold assets for regulated institutions and issue compliant products in ways that offshore entities are banned from doing.

For years, Tether has been profitable but locked out of this mainstream machinery. By partnering with Anchorage, they finally get a bridge to the U.S. economy.

Anchorage proved that Compliance is a fortress. By embracing strict regulations, they became the only viable partner for a giant looking to "go legit".

Source: https://tether.io/news/tether-announces-100-million-strategic-equity-investment-in-anchorage-digital/

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