Tether Invests $100 Million in Anchorage Digital to Advance Digital Asset Applications

Tether has announced a strategic equity investment of $100 million in Anchorage Digital. According to Odaily, this move aims to further their shared objectives in the next phase of digital asset applications. Anchorage Digital Bank N.A., recognized as the first federally regulated digital asset bank in the United States, offers services such as staking, custody, governance, settlement, and stablecoin issuance to institutions and innovators worldwide.