Today blockchain startup
Digital Asset Holdings announced a Series C funding of $35 million. This brings cumulative funds raised to $150 million since its 2014 founding. The firm, best known for the
Australian Securities Exchange (ASX) settlement project, has a long list of existing backers that include Accenture, ASX, Broadridge, Citi, Deutsche Börse, DTCC, JP Morgan, Goldman Sachs, IBM and others.
While the company would not comment on the valuation or the identities of the new investors, it confirmed the majority of participants in its Series A and B invested in the latest round.
Separately, the ASX announced that it committed $10 million to the Series C bringing its total investment to $30.9 million. “We are encouraged by the support of existing and new investors in this fundraising,” saud Peter Hiom, ASX’s Deputy CEO. “This confirms our own faith in the company and its future, and that’s why we have increased our stake.”
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