Digital Asset has completed a new round of financing of $50 million, with participation from BNY Mellon, iCapital, Nasdaq, and S&P Global

According to Bloomberg, blockchain technology company Digital Asset announced a strategic investment of $5,000 from BNY Mellon, iCapital, Nasdaq, and S&P Global. These investments reflect the accelerating trend of integration between traditional finance (TradFi) and decentralized finance (DeFi).

Digital Asset is the creator of the Canton Network, which currently supports over $6 trillion in on-chain assets, covering various asset classes such as bonds, stocks, money market funds, alternative investment funds, and commodities, with over 600 institutions participating in its ecosystem. CEO Yuval Rooz stated that the participation of these institutions reinforces the necessity of building blockchain infrastructure for regulated markets. Each investor has expressed their intention to deepen cooperation with Digital Asset to advance the construction of next-generation financial market infrastructure.