Tether's $100M Investment Solidifies Anchorage Digital Partnership
By John Nada·Feb 5, 2026·2 min read
Tether's $100 million investment in Anchorage Digital solidifies their partnership and reflects confidence in regulated crypto banking's growth.
Tether has made a $100 million equity investment in Anchorage Digital, reinforcing their existing relationship. This move formalizes Tether's ties with the federally regulated US crypto bank, which has been involved in issuing USAt, a dollar-pegged stablecoin launched recently. According to a post by Tether, this investment builds on prior collaborations between the two entities.
Anchorage Digital Bank, established in 2017 in San Francisco, holds the distinction of being the first federally chartered digital asset bank in the US. The bank offers various services, including custody, settlement, staking, and stablecoin issuance to institutional clients. The investment from Tether Investments, based in El Salvador, follows reports that Anchorage Digital is exploring a capital raise of $200 million to $400 million in anticipation of a possible initial public offering next year.
Notably, Tether is the issuer of USDt (USDT), the largest stablecoin by market capitalization. It commands a substantial portion of the stablecoin market, as highlighted by recent data. In its fourth-quarter attestation, Tether reported over $10 billion in net profit for 2025 and substantial excess reserves, showcasing the strength of its balance sheet. This financial success underpins Tether's strategy of making significant investments.
In recent months, Tether has made several notable investments, including in Ledn, a platform for consumer loans backed by Bitcoin. Furthermore, Tether's CEO, Paolo Ardoino, mentioned that the company has invested in more than 120 firms using its profits, indicating a strategic growth approach. The company's investment strategy is clearly paying off, evidenced by its increasing Bitcoin reserves, which are substantial enough to make Tether one of the largest corporate holders of Bitcoin if it were publicly traded.
This investment signifies Tether's commitment to expanding its influence in the crypto space by supporting established financial institutions like Anchorage Digital. As markets evolve, Tether's strategic alliances could play a crucial role in shaping the future of digital assets and stablecoins.
The implications are clear: Tether's significant investment not only strengthens its existing relationship with Anchorage Digital but also reflects broader confidence in the growth of regulated crypto banking. This move may set the stage for further partnerships in the ever-evolving financial landscape.