Digital Asset secures $50.00 million in funding from BNY Mellon and Nasdaq

BNY Mellon and Nasdaq have jointly invested in Digital Asset, providing it with $50.00 million in funding. Digital Asset is a blockchain company focused on tokenization and digital asset infrastructure. This funding is intended to accelerate the development of Digital Asset's innovative blockchain solutions, including the RWA-focused public chain Canton Network.

Reportedly, Canton Network has attracted strong interest from numerous institutions, with several industry giants, including Microsoft and Goldman Sachs, having expressed support for the project.

[Bloomberg]