Venture Capital

Visa Leads $40M Funding Round In Crypto Custodian Anchorage

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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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