Digital Asset receives strategic investments from BNY Mellon, iCapital, Nasdaq, and S&P Global

On December 4, according to PRNewswire, blockchain technology company Digital Asset announced that it has received strategic investments from Bank of New York Mellon (BNY), iCapital, Nasdaq, and S&P Global. These investments reflect the accelerating convergence of traditional finance (TradFi) and decentralized finance (DeFi).

Digital Asset is the creator of Canton Network. Currently, Canton Network supports over $6 trillion in on-chain assets, covering various asset classes such as bonds, stocks, money market funds, alternative investment funds, and commodities. More than 600 institutions have participated in its ecosystem. CEO Yuval Rooz stated that the participation of these institutions reinforces the need to build blockchain infrastructure for regulated markets. All investors have stated that they will deepen cooperation with Digital Asset to promote the construction of the next generation of financial market infrastructure.

[Techflow]