Digital Asset Clearing Center Secures $10 Million in Strategic Funding

Digital Asset Clearing Center (DACC) has announced the completion of a $10 million strategic funding round. According to Odaily, the investment was backed by Conflux, Global InfoTech, Fosun International, Blockstone, Avior Capital, Fintech World, Satoshi Ventures, and BridgeTower. DACC currently provides financial institutions with end-to-end 'Clearing-as-a-Service' solutions. The newly acquired funds will be used to develop compliant financial settlement and clearing infrastructure.