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AnchorUSD
company
About
AnchorUSD offers stable currency anchored 1-for-1 to the US dollar (USDX).
- San Francisco,California,United States
- 1 - 10
- https://www.anchorusd.com/
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $120K
- Industries
- Blockchain,Cryptocurrency,FinTech
- Number Of Employee
- 1 - 10
- Operating Status
- Active
- Also Known As
- AnchorCoin LLC
Unlike competing stablecoins, AnchorUSD holds all deposits in US-domiciled bank accounts. Because USDX can always be created for $1 or redeemed for $1, investors can trade with confidence and avoid the volatility of unbacked cryptocurrencies. We undergo regular audits to ensure that the number of USDX in circulation is exactly equal to the number of dollars in our bank account.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$120K
AnchorUSD has raised a total of
$120K
in funding over 2 rounds. Their latest funding was raised on
May 5, 2018 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| May 5, 2018 | Seed | $120K | 2 |
Y Combinator
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
AnchorUSD is funded by 2 investors.
Y Combinator
and Louis Beryl
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Y Combinator
|
Yes | Seed |
Louis Beryl
|
— | Seed |
Employee Profiles
Number of Employee Profiles
2
AnchorUSD has 2 current employee profiles, including
Executive Jim Berkley-Danz
Executive
Executive
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