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
The Emergence of Tokens Supported by MMT and Their Influence on Financial Systems in Developing Markets
- MMT-backed tokens leverage blockchain to tokenize sovereign debt, real estate , and carbon credits, reshaping emerging market fiscal strategies. - Tokenized bonds enable local-currency issuance with smaller denominations, as demonstrated by Hong Kong's 2025 digital green bonds and OCBC's commercial paper program. - Central banks integrate blockchain tools for real-time liquidity adjustments, while programmable features like inflation-linked coupons enhance fiscal flexibility in volatile economies. - Chal
KITE Price Forecast Post-Listing: Understanding Market Reactions and Institutional Strategies Amidst a Fluctuating IPO Environment
- Vyome Holdings (KITE) adopts a dual-listing strategy on Nasdaq and SGX-Nasdaq bridge to diversify investors and liquidity, aligning with high-growth tech IPO trends. - Institutional ownership remains fragmented (0.43% held by major banks as of Nov 2025), reflecting cautious hedging amid regulatory and economic uncertainties. - While tech IPOs thrive on AI-driven narratives, KITE faces retail real estate sector challenges including $0.07/share Q3 losses and anchor tenant bankruptcies. - Clinical progress
Sony launches USDSC stablecoin for Soneium blockchain
XRP Compresses in a Tight Range as Major Liquidity Builds Above $2.10
Trending news
MoreCrypto prices
More
