Canton developer Digital Asset raised $355 million led by a16z Crypto

Comparatively, Digital Asset (Canton developer) announced the completion of a new round of financing of US$355 million, led by a16z crypto. The lineup of participants includes Abu Dhabi Investment Authority subsidiaries, Apollo Fund, BNP Paribas, Castle Securities, CME Ventures, Coinbase Ventures, Polychain, S&P Global, SBI Group, SoFi, Tradeweb, etc., showing a clear Wall Street + The dual participation characteristics of cryptographic native capital.

The company said that after the completion of this round of financing, Digital Asset has entered a profitable state. Its CEO, Yuval Rooz, pointed out that the financing expansion balance sheet not only enhances the company's financial flexibility, but also enables it to more freely advance mergers and acquisitions, participate in emerging projects, and assist partners in building a chain-based financial business system.

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