Using AMPscript RegExMatch
function would help to get the URL.
TryUpdate to get both URL and link text. Try this:
%%[
set @html = AttributeValue('Your column name');
set @pattern@url_Pattern = '(?<=href=").*(?=")'
set @linkText_Pattern = '(?<=>).*(?=<a>)'
set @url = RegExMatch(@html, @pattern@url_Pattern, 0)
set @linkText = RegExMatch(@html, @linkText_Pattern, 0)
]%%
URL: %%=v(@url)=%%<br>
Link Text: %%=v(@linkText)=%%
Reference: RegExMatch function