World-famous Corporation Visa, it seems, is making serious steps towards a new financial technology. As it became known, Visa participated in a series B funding round for the company’s Anchorage, providing services of storage of cryptocurrencies. Among the partners-the investors — Future Ventures and venture capital Fund Andreessen Horowitz. As the analyst Ryan Todd, a Visa is also party to the Libra Association, Geneva non-profit organization behind the project global cryptocurrency Libra.

Ryan Todd@_RJTodd

Visa is backing the upstart crypto custodian Anchorage and fellow Libra Association founding member — in a $40m round led by @blockchaincap. If you count the $10m investment, Libra, 2/5 of Visa”s investments this year have been into cryptohttps://www.theblockcrypto.com/2019/07/10/visa-blockchain-capital-back-40-million-round-for-crypto-custodian-anchorage/ …

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Visa, Blockchain Capital back $40 million round for crypto custodian Anchorage — The Block

Anchorage, the cryptocurrency custody provider for institutional investors, has raised $40 million in Series B funding, according to an announcement on Wednesday. Payments giant Visa and venture…

theblockcrypto.com

In the development of the Libra Corporation Visa can invest $ 10 million over the ownership of Noda future network of cryptocurrencies, along with investing in Anchorage that would mean that 40% of the investment program of world famous Corporation will be focused on the cryptocurrency sphere.

It is worth noting that Anchorage and the Blockchain Ventures like Visa, intend to take part in the process of buying the GBR project cryptocurrency Libra, although in Anchorage deny the fact that investments in the project are directly related to project Libra. Anyway, the Anchorage has attracted the attention of analysts that the company was little known until the beginning of the year, although it has existed for some time before that. As noted in a startup, their mission is to encourage the participation of the classic players in the financial world in the realm of cryptocurrencies. Obtained in the course of a round of financing funds will be used to achieve this mission. If you say that Anchorage is ready to offer as a service, storage of cryptocurrency, then start talking about finding “the third special version of” between the well-known types of custodial services, that is “cold” and “hot” storage amount of cryptocoins. We are talking de facto about “cold wallet”, but with multilevel biometric identification of the user.

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