Latham & Watkins Advises KKR in Anchorage Digital’s US$350 Million Series D Funding Round

Anchorage Digital, a premier digital asset platform for institutions, has announced it has closed a US$350 million Series D funding round led by global investment firm KKR. This funding round values Anchorage at over US$3 billion. 

Latham & Watkins LLP represented KKR in the transaction with a corporate deal team led by Boston partner Ryan McCarthy, with associates John Miller, Dante Spurlock, and Claire Park. Advice was also provided on benefits and compensation matters by Los Angeles partner Michelle Carpenter, with associate Tara McCarney; on intellectual property matters by Boston partner Sarah Gagan, with associate Deborah Hinck; on data privacy matters by Washington, D.C. partner Tony Kim, with Bay Area associate Jennifer Howes; on CFTC matters by New York partner Yvette Valdez, with associate Adam Fovent; on banking regulatory matters by New York partner Alan Avery and counsel Pia Naib; on sanctions matters by Washington, D.C. partner Eric Volkman, with associate Gustavo Ruiz; on payments matters by Washington, D.C. partner Todd Beauchamp, with associates Charles Weinstein and Loyal Horsley; on securities matters by New York partner Stephen Wink, with associate Naim Culhaci; and on tax matters by Bay Area partner Katharine Moir.