News
Tradeweb backs crypto ECN Crossover Markets in $31M funding round
3+ day, 4+ hour ago (394+ words) Electronic trading company Tradeweb has led a $31 million Series B funding round in institutional crypto trading platform Crossover Markets, valuing the company at $200 million. The round included participation from DRW Venture Capital, Ripple, Virtu Financial, Wintermute Ventures, Illuminate Financial and…...
Deloitte signs off on Anchorage reserve report for Tether’s USAT stablecoin
4+ day, 11+ hour ago (407+ words) Deloitte & Touche, one of the Big Four accounting firms, has issued an independent attestation on the reserve report backing USAt, a new US-regulated stablecoin from Anchorage, which issues USAT with Tether's support. In a letter dated Feb. 27, Deloitte said it…...
Crypto bank Anchorage Digital eyes $400M raise with IPO in sight: Report
1+ mon, 3+ week ago (354+ words) Institutional crypto platform Anchorage Digital is looking to raise hundreds of millions of dollars of fresh capital as it eyes a potential Initial Public Offering. The raise would be in the $200 million to $400 million range, while a possible IPO is…...