Digital Asset Holdings Secures $50 Million in Latest Funding Round

According to Foresight News, blockchain company Digital Asset Holdings LLC has successfully raised $50 million in a new funding round. The investment was backed by prominent financial institutions including Bank of New York Mellon Corp., Nasdaq Inc., S&P Global, and iCapital. Based in New York, Digital Asset Holdings is known for developing the public blockchain Canton Network. This latest funding follows an earlier round this year where the company raised $135 million. The previous round was led by DRW Venture Capital and Tradeweb Markets, with participation from market makers such as Citadel Securities, IMC, and Optiver.