Digital Asset Holdings, a blockchain company focused on the financial sector, has completed a new round of financing of $50 million.
as Wall Street giants are betting on the underlying technology of cryptocurrencies to handle traditional assets, Digital Asset Holdings LLC, a blockchain company focused on the financial sector, has secured new funding. This round of investors includes institutions such as BNY Mellon and Nasdaq. According to insiders, this round of financing amounts to $50 million, with S&P Global and iCapital also participating. This is the company's new round of fundraising following the $135 million financing completed earlier this year. Bloomberg reported in June that the previous round was led by DRW Venture Capital and Tradeweb Markets, with market makers Citadel Securities, IMC, and Optiver participating.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strategy’s Record Discount: Bitcoin Holdings Trigger Changes
XRP ETFs Near 1B AUM as Over 400M XRP Lock Into Institutions
Quick Take Summary is AI generated, newsroom reviewed. Five spot XRP ETFs now manage over $909 million in total assets under management (AUM) as of December 4. Institutions have locked up $400.01 million XRP in ETF vaults, absorbing supply from the open market into long-term custody. Canary Capital is the current AUM leader with $351 million and over $162 million XRP locked. The rapid institutional accumulation follows regulatory clarity and mirrors the early flow patterns seen in Bitcoin ETFs.References T
Ethereum Validators Told to Disable Prysm Due to Outdated State Risk
Quick Take Summary is AI generated, newsroom reviewed. Prysm, the second-largest Ethereum consensus client, urgently instructed validators to add the --disable-last-epoch-targets flag. The measure is a preemptive fix to stop nodes from generating old states when processing outdated attestations, which can cause performance issues. The issue was a client-side bug and did not cause a chain halt or finality failure, demonstrating Ethereum's rapid operational maturity. The incident underscores the importance o
Ethereum Fusaka Upgrade Goes Live With a Major Leap in Network Scaling
Quick Take Summary is AI generated, newsroom reviewed. Fusaka brings major gains in Ethereum scalability with PeerDAS. Validators verify smaller data segments for faster validator data processing. The Ethereum Fusaka upgrade reduces costs and improves network performance. The update supports long-term growth for builders, rollups, and users.References ⚡️ETHEREUM FUSAKA UPGRADE IS LIVE! Fusaka, #Ethereum’s second major upgrade this year, is now live. It boosts scalability and cuts costs with PeerDAS, lettin
Trending news
MoreCrypto prices
More
