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Another $50 million received! What makes this blockchain company attractive to Nasdaq and BNY Mellon?
[Chain News] A financial blockchain company has raised more money.
Digital Asset Holdings recently completed a $50 million financing round, with an impressive lineup of investors—BNY Mellon, Nasdaq, S&P Global, and iCapital all participated. This is already their second round of funding this year. The previous round at the beginning of the year was even more remarkable, bringing in $135 million, led by DRW Venture Capital and Tradeweb Markets, with Citadel Securities, IMC, and Optiver also participating.
The company is best known for its Canton Network. This public blockchain network mainly serves two purposes: asset tokenization and financial transaction processing. Interestingly, users can control the confidentiality of their information, deciding who can see what.
Traditional financial giants like Goldman Sachs and Tradeweb Markets are already using this network, with some even involved in its management. It seems that the acceptance of blockchain technology by traditional finance is truly increasing.