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New Deal


Announced

Completed

KKR led a $350m Series D funding round in Anchorage Digital.

Financials

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Transaction Value£264m
Consideration TypeCash
Capital Owned-
Capital Bid For12%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United States

Acquisition

digital asset bank

Private

Completed

Private Equity

Single Bidder

Minority

FinTech

Cross Border

fintech

Synopsis

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KKR led a $350m Series D funding round in Anchorage Digital, a digital asset financial platform, with participation from Goldman Sachs, Andreessen Horowitz, Apollo Global Management, Alameda Research, Andreessen Horowitz, BlackRock, Blockchain Capital, Delta Blockchain Fund, Elad Gil, GIC, GoldenTree Asset Management, Innovius Capital, Kraken, Lux Capital, PayPal Ventures, Senator Investment Group, Standard Investments, Thoma Bravo, and Wellington Management. "We wanted to make sure that all these big investment names are in our corner because Anchorage is expanding really heavily toward larger financial institutions," Diogo Monica, Anchorage President and Co-Founder.

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