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Visa Leads $40M Funding Round In Crypto Custodian Anchorage

by financemagnates.com posted 1week ago 11 views
Visa is dipping another toe into cryptocurrency space after the company joined major players to back Facebook’s crypto plans. : Visa’s crypto ambitions are continuing apace, with the world-leading credit card company recently announced a strategic investment in the digital asset custodian Anchorage. Raising $40 million in a Visa co-led series B fundraising round with participation from Andreessen Horowitz’s VC firm, Blockchain Capital, Anchorage offers institutional custodian that claims to be more secure than storage alternatives while boasting active on-chain participation. The San Francisco based firm has previously raised $17 million in a Series A round led by Andreessen Horowitz.

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