Tether backs Anchorage Digital in $100M equity investment. The investment extends an existing partnership with Anchorage and comes as the federally regulated crypto bank explores a major capital raise ahead of a potential IPO. Tether has made a $100 million strategic equity investment in Anchorage Digital, formalizing an existing relationship between the stablecoin issuer and the federally regulated US crypto bank. According to a post by Tether on Thursday, the investment builds on the companies' prior collaboration, which includes Anchorage Digital's role as the issuer of USAt, which launched on Jan. 27. USAt is dollar - pegged stablecoin designed to operate in the United States under the federal payment stablecoin framework established by the GENIUS Act in July 2025. Anchorage Digital Bank, founded in 2017 in San Francisco, is the first federally chartered digital asset bank in the United States, providing custody, settlement, staking and stablecoin issuance services to institutional clients. The investment was made by Tether Investments, the stablecoin issuer's El Salvador - based investment arm, and comes after Anchorage Digital was recently reported to be exploring a capital raise of $200 million to $400 million ahead of a potential initial public offering next year. Tether is the issuer of USDt , the world's largest stablecoin by market capitalization, with about $185 billion in circulation, or about 60% of the total stablecoin market, according to DefiLlama data. Tether invests on the back of huge profit margins. Tether reported more than $10 billion in net profit for 2025 and $6.3 billion in excess reserves, according to its fourth-quarter attestation released in January. The results highlight the scale of Tether's balance sheet and help explain its recent acquisitions and investments. In July, CEO Paolo Ardoino said that Tether had invested in more than 120 companies using its own profits, adding that the portfolio was expected to grow further in the months and years ahead. In November, Tether invested in Ledn, a platform that offers consumer loans backed by Bitcoin . The investment followed reports that Tether was also weighing a $1.15 billion investment in German robotics company Neura. A month later, the company led an $8 million investment round in Speed, a Bitcoin payments company focused on enabling enterprise stablecoin transactions over the Lightning Network. Tether has also been building up its Bitcoin reserves. On Jan. 1, it disclosed that it had added 8,888 Bitcoin at the end of 2025, bringing its total holdings to more than 96,000 BTC, according to Ardoino. Although Tether is privately held, it would rank as the second-largest corporate holder of Bitcoin if it were a public company, according to data from BitcoinTreasuries.NET.

Tether has invested $100 million in Anchorage Digital, the first federally chartered digital asset bank in the United States. The strategic equity investment, announced on 15 March 2025, deepens an existing partnership between the companies, who previously collaborated on USAT, a regulation-compliant stablecoin for institutional clients. Anchorage Digital, approved by the Office of the Comptroller of the Currency, provides institutional-grade custody and banking services for digital assets. The investment positions both companies to benefit from increasing regulatory clarity, including the EU's MiCA framework and evolving US legislation. The deal signals Tether's evolution from stablecoin issuer to active infrastructure investor. By strengthening regulated banking channels, the partnership aims to accelerate institutional adoption of cryptocurrencies and integrate digital assets into the traditional financial system.

Tether invests $100 million in U.S. crypto bank Anchorage, valued at $4.2 billion. Anchorage Digital is the firm issuing Tether's USAT stablecoin, designed for the U.S. market. Updated Feb 5, 2026, 7:06 a.m. Published Feb 5, 2026, 6:48 a.m. What to know: * Tether has invested $100 million in Anchorage Digital, a federally regulated U.S. digital asset bank, to deepen its role in the stablecoin ecosystem. * Anchorage, which holds a national banking charter, will expand its custody, staking, settlement and stablecoin issuance services for institutional clients, including support for Tether products. * The deal strengthens Tether's foothold in U.S. stablecoin infrastructure as regulation advances under the GENIUS Act, marking a shift from its traditional focus on offshore users and emerging markets. Tether, the company behind the world's largest stablecoin USDT said it has invested $100 million in Anchorage Digital, a federally regulated digital asset bank. The investment valued the bank at $4.2 billion, Anchorage said in a press release shared with CoinDesk. The company said it will allow employees to sell equity at the same valuation through its first-ever tender offer. Anchorage, which holds a national banking charter in the U.S., offers custody, staking, settlement and stablecoin issuance services to institutional clients. The two companies already had a working relationship, with Anchorage serving as the banking partner behind Tether's USAT stablecoin, designed specifically for the U.S. market to comply with local regulations. The investment gives Tether a foothold in the fast-growing U.S. stablecoin infrastructure, which is moving towards regulated players after the GENIUS Act was written into law last year. Tether, headquartered and regulated in El Salvador, traditionally focuses on offshore users and emerging markets with its $185 billion USDT token. "Tether exists to challenge the status quo and build global infrastructure for freedom," said Paolo Ardoino, CEO of Tether, said in a statement. "Our investment in Anchorage Digital reflects a shared belief in the importance of secure, transparent, and resilient financial systems." UPDATE (Feb. 5, 15:05 UTC): Adds valuation and employee tender offer from Anchorage statement.