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Visa Moves to Make the Second Investment in a Crypto Startup

Sofia Cabrera

Summary: The multinational financial services corporation, Visa, has made its second investment in a cryptocurrency startup, Anchorage. Visa had teamed up with Blockchain Capital, a crypto venture capital firm, to fund Anchorage. In the second investment, neither the contribution of Visa nor the valuation of Anchorage was revealed. This new funding will be used toward Anchorage's ...

The multinational financial services corporation, Visa, has made its second investment in a cryptocurrency startup, Anchorage. Visa had teamed up with Blockchain Capital, a crypto venture capital firm, to fund Anchorage. In the second investment, neither the contribution of Visa nor the valuation of Anchorage was revealed. This new funding will be used toward Anchorage's hopes to offer an alternate to cold-storage-based institutional custodies. Their goal is to provide their customers with the guarantee of security for their assets.  

Author: Sofia Cabrera

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