Blockchain company Digital Asset Holdings LLC has raised $135 million from large financial firms including Citadel Securities, IMC, Optiver, Goldman Sachs Group Inc.and Virtu Financial, as Wall Street accelerates its focus on using the technology underlying cryptocurrencies to handle traditional assets.
The round led by DRW Venture Capital and Tradeweb Markets will enable the New York-based company to expand its engineering and product team to take advantage of increased activity in the space, Digital Asset Chief Executive Officer Yuval Rooz said in an interview. Other backers include BNP Paribas, Circle Ventures, Depository Trust & Clearing ...