Anchorage announced it has raised an $80 million Series C, led by GIC, Singapore's sovereign wealth fund, with participation from a16z, Blockchain Capital, Lux, and Indico.

Anchorage is a digital asset platform for institutions. Founded in 2017 to meet the growing need for institutional custody that lets investors safely hold and use crypto, Anchorage has grown into a full-service financial platform and infrastructure provider for the digital asset space.