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Digital Asset raises $50 million in a new funding round, led by BNY Mellon, iCapital, Nasdaq, and S&P Global, to scale the Canton Network globally.

PUBLIC · DAAQDec 04, 2025

Amount Raised

$50 Million

Round Type

Funding Round

New YorkFinancial ServicesSoftwareFinanceFintechBlockchainCryptocurrencyLending

Investors

iCapitalBny MellonI CapitalNasdaqS&P Global

Description

Digital Asset closed a funding round valued at approximately $50 million, with strategic investments from major financial institutions. The funding will help scale the Canton Network globally and onboard more real-world assets. CEO Yuval Rooz highlighted that this investment underscores the need for blockchain infrastructure designed for regulated markets. This follows a previous round of $135 million to solidify the network's position in the industry.

Company Information

Company

Digital Asset Acquisition

Location

New York, New York, United States

About

Digital Asset Acquisition Corp. is a special purpose acquisition company (SPAC) aiming to merge with firms in the financial sector. It focuses on bringing public innovative companies through acquisition. The company is presently engaged in a merger with Old Glory Holding Company. Its status as a SPAC allows it to expedite the process of going public for its target company.

Fundz sees it the moment Digital Asset Acquisition raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsEmnet R., Chief Operating Officer hidden hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Digital Asset Acquisition's next move

See what Strategic adds

Digital Asset Acquisition raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.