RATE Group | Second Crypto Investment for Visa with Cryptocurrency Holdings Startup Anchorage
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Second Crypto Investment for Visa with Cryptocurrency Holdings Startup Anchorage

11 Jul Second Crypto Investment for Visa with Cryptocurrency Holdings Startup Anchorage

Posted at 22:56h in Cryptocurrency News by

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Visa Invests in Crypto

Visa, one of the largest payment processors in the world has recently made its second investment in cryptocurrency startup called Anchorage. As reported by Fortune, the company has reportedly invested millions of dollars during Anchorage’s new funding round.

Both Visa and Anchorage have partnered with Facebook for its cryptocurrency project Libra. This is the second time that Visa has shown interest in a cryptocurrency startup and poured millions into it. Visa first invested in a blockchain startup called ‘Chain,’ an enterprise blockchain firm which was later acquired by Lightyear, a Steller-based startup.

Anchorage, a startup that secures digital assets holdings for institutional investors, has recently started a new funding round worth $40 million, as Visa and Blockchain Capital have been the leading investors. The amount of investment and the total valuation of the startup are still not fully revealed. Anchorage first came into the limelight when its logo first appeared…

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