PANews reported on January 17 that, according to Bloomberg, sources familiar with the matter revealed that Anchorage Digital (whose affiliate is the first federally chartered digital asset bank in the United States) is seeking to raise new funds to explore potential IPO plans.

The New York-based company focuses on securing digital assets by providing custody and other services. Anchorage Digital, speaking on condition of anonymity, hopes to raise $200 million to $400 million ahead of a potential initial public offering (IPO) next year. The person also indicated that Anchorage Digital is still finalizing its valuation.