Anchorage Digital is preparing for a potential initial public offering (IPO) in 2026, aiming to raise $200 million to $400 million in fresh capital. The firm’s federally chartered crypto bank status positions it favorably to benefit from new U.S. stablecoin and digital asset regulations. Anchorage is expanding its institutional services, including stablecoin issuance, custody, and wealth management, to meet rising demand.