Goldman Sachs and Citadel Invest in Crypto Firms Digital Asset

Crypto Company Digital Asset said on Tuesday that it had recorded $ 135 million from the raft of major names in banking and finance.

A firm that calls itself a regulated crypto-player said she had raised fresh funds in financing, which was conducted by Drw and TradeWeb, Goldman Sachs. BNP Paribas And the Citadel securities of Ken Griffin also invested.

Investments emphasize how large financial institutions are invested in the once muddy cryptocurrency world.

Previously related to fraud, money laundering and other illegal activities, digital assets have become more basic asset class Jpmorgan chase. Goldman Sachs and Morgan Stanley He warmed up to space.

Just last week, Jpmorgan launched its own version of StablecoinA deposit sign called “JPMD”.

“With the growth of participation in global financial institutions and market participants, we expect this financing round to help us consolidate our role as the basis of digital finance,” said CNBC Yuval Roz, CEO of Digital Asset.

Digital asset sells its customers a number of digital asset services that include major players on Wall -Rate such as Goldman Sachs, Citadel and Virtuts. Co -founder in 2014 ROOZ, a trader who became an entrepreneur, firm competes with Ripple, R3 and consensia.

The firm will use new funding to promote the Canton network. Originally designed by Digital Asset, but now with open source, Canton is a public blockchain designed for financial institutions to move assets and data when meeting regulation and privacy requirements.

Banks and trade firms use Canton to find assets in the real world such as bonds, goods and money market.

“This increase will allow us to rely on a constant impetus around the Canton network and accelerate on board better assets, finally making a transformation promise of blockchain institutional reality,” said Ruz CNBC.

The network now supports trillions of dollars in tokenized assets, according to Digital Asset CEO.