Anchorage Digital acquired Routable for an undisclosed sum. The enterprise payout platform becomes Routable by Anchorage Digital, with stablecoin settlement built in.

Founded in 2017 and backed by Sam and Jack Altman, Max Mullen and Joe Gebbia, Routable handles payee onboarding, tax and compliance workflows and payouts across 220+ countries for clients like Veho, Ethos and Polestar. It has grown over 100% for two years in a row.

Anchorage, the first federally chartered digital asset bank in the US, plans to roll out the combined fiat and stablecoin offering in the coming quarters.

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