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Digital Asset is raising $300 million with a16z leading the investment. This funding aims to boost its blockchain infrastructure as traditional finance integrates with cryptocurrency.
Amount Raised
$300 Million
Round Type
Venture
New YorkFinancial ServicesSoftwareFinanceFintechBlockchainCryptocurrencyLendingInvestors
Description
Digital Asset, valued at $2 billion, is in the process of attracting $300 million in a funding round led by a16z. The investment is expected to enhance its blockchain infrastructure, which is pivotal for mainstream financial transactions. Supported by major financial institutions, the company is poised for significant growth. The funding process is anticipated to conclude within a few weeks.
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
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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