Digital Asset Receives Strategic Investments from BNY Mellon, iCapital, Nasdaq, and S&P Global

According to PRNewswire, blockchain technology company Digital Asset announced strategic investments from BNY Mellon (BNY), iCapital, Nasdaq, and S&P Global. These investments reflect the accelerating convergence trend 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 including bonds, equities, money market funds, alternative investment funds, and commodities. More than 600 institutions have already joined its ecosystem. CEO Yuval Rooz stated that this level of institutional participation underscores the necessity of building blockchain infrastructure for regulated markets.

All investors have expressed their intent to deepen collaboration with Digital Asset to advance the development of next-generation financial market infrastructure.

[ChainCatcher]