Digital Asset Holdings completes $50 million financing, with participation from BNY Mellon and Nasdaq

PANews, December 4—According to Bloomberg, financial blockchain company Digital Asset Holdings LLC has completed a new $50 million funding round. Investors include BNY Mellon, Nasdaq Inc, S&P Global, and iCapital. Earlier this year, the company completed a $135 million funding round led by DRW Venture Capital and Tradeweb Markets, with participation from Citadel Securities, IMC, Optiver, and others.

Digital Asset Holdings is known for developing the public blockchain Canton Network, which supports asset tokenization and handles financial transactions, allowing users to decide the confidentiality scope of information. Multiple institutions, including Goldman Sachs and Tradeweb Markets, have used or participated in managing the Canton Network.