Digital Asset Holdings has raised $50 million in funding, with participation from BNY Mellon and Nasdaq.

On December 4th, according to Bloomberg, financial blockchain company Digital Asset Holdings LLC has completed a new $50 million funding round, with investors including BNY Mellon, Nasdaq Inc, S&P Global, and iCapital.

Earlier this year, the company completed a $135 million funding round led by DRW Venture Capital and Tradeweb Markets, with participation from Citadel Securities, IMC, Optiver, and others.

Digital Asset Holdings is known for developing the public blockchain Canton Network, which supports asset tokenization and processes financial transactions, allowing users to determine the scope of information confidentiality. Several institutions, including Goldman Sachs and Tradeweb Markets, have used or participated in managing the Canton Network.

[PANews]