Goldman Sachs and Citadel Invest in Crypto company Digital Asset


The company Crypto Company Digital Asset said on Tuesday that it obtained $ 135 million funding from a number of main names of banking and finance.

A company that advertises himself as an adjustable cryptographic player said that it collected fresh cash in the financing round of DRW and Tradewob, with Goldman SachsIN BNP Paribas and investments in Citadel Securities Ken Griffina.

The investment emphasizes how large financial institutions settle in the once dark world of cryptocurrencies.

Earlier associated with fraud, money laundering and other illegal activities, digital assets have become a more main class of assets Jpmorgan chaseIN Goldman Sachs AND Morgan Stanley warmed up to space.

Last week, JPMorgan has launched its own version of StablecoinThe deposit token called “JPMD”.

“Along with the growing participation of global financial institutions and market participants, we expect that this funding round will help us strengthen our role as the spine of digital finances,” said CNBC Yuval Rooz, CEO and co -founder of Asset Digital Asset.

Digital assets sells many digital asset services for its clients, including the main players from Wall Street, such as Goldman Sachs, Citadel and Virtu. Co -founder in 2014 by Rooz, Salesman, Entrepreneur, the company competes with such as Ripple, R3 and Conszens.

The company will use new financing to advance the Canton network. Initially developed by Digital Asset, but now Open Source, Canton is a public blockchain intended for financial institutions to transfer assets and data when meeting regulatory requirements and privacy.

Banks and commercial companies use a canton tokenization of assets in the real world, such as bonds, goods and money market funds.

“This increase will allow us to continue the rush around the canton network and accelerate the implementation of more high-quality assets, eventually making the blockchain's transformation promise to be a reality on an institutional scale,” said Rooz CNBC.

According to Digital Asset, the network now supports dollars in tokenized assets.

Circe CEO: The Internet enters the new chapter, updating the financial system



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *