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Fluid Co-founder Confirms Vaults Rehypothecate Collateral and Lack Full Isolation↗
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Fluid Co-founder Confirms Vaults Rehypothecate Collateral and Lack Full Isolation

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X Terminates EU Commission Ad Account Citing Reach Manipulation

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24H Summary: Hyperliquid Integrates Native USDC & French Bank BPCE Enters Crypto

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CZ Emphasizes Strict Private Key Isolation for Hardware Wallets

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US Small Business Bankruptcies Surge to Records as Inflation Persists

 
Crypto

Digital Asset Raises $50 Million from BNY Mellon and Nasdaq

12/04/2025, 14:06
AI SUMMARY
●Digital Asset secures $50 million funding from BNY Mellon and Nasdaq
●Investment highlights institutional commitment to blockchain infrastructure
●Funds will support development of the Canton Network and Daml language
Blockchain technology firm Digital Asset has secured $50 million in a new funding round backed by major financial institutions including BNY Mellon, Nasdaq, and S&P Global. The investment underscores the traditional financial sector's continued commitment to adopting blockchain infrastructure. The capital will likely be used to further develop its smart contract language, Daml, and the Canton Network, facilitating interoperability across financial networks.

Sources (1)

01@ChainCatcher_↗
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