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Digital Asset raises $135M in funding led by DRW Venture Capital and Tradeweb Markets to integrate real-world assets on Canton.

Jun 24, 202522 days ago

Amount Raised

$135 Million

New YorkCryptocurrencyBlockchainSoftware

Investors

Virtu Financial7 RidgeRepublic DigitalQcpPolychain CapitalPaxosOptiverLiberty City VenturesImcGoldman SachsThe Depository Trust & Clearing Corporation (Dtcc)Citadel SecuritiesCircle VenturesBnp ParibasTradeweb MarketsDrw Venture Capital

Description

Digital Asset, the NYC-based blockchain technology company, raised $135M in funding. The round was led by DRW Venture Capital and Tradeweb Markets, with several notable investors. The company plans to use the funds to enhance the integration of real-world assets onto its Canton Network. Digital Asset aims to create a more efficient and resilient global financial system.

Company Information

Company

Digital Asset

Location

New York, New York, United States

About

Digital Asset is the leading blockchain software provider for the world’s largest financial institutions, market infrastructure, and tech providers. Our blockchain platform Daml, is used to build applications that synchronize data and transactions across organizational boundaries to eliminate reconciliation and enable risk-free settlement. Daml applications seamlessly interoperate via the Canton Network to unlock the potential for synchronized financial markets.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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