TechFlow news: On May 11, Bloomberg reported that blockchain infrastructure company Digital Asset is raising approximately $300 million from investors—including a16z crypto—at a valuation of roughly $2 billion. According to sources, a16z crypto, one of the cryptocurrency industry’s leading venture capital firms, is leading this funding round. The deal is expected to close within the next few weeks, though the final funding amount may still change. Digital Asset’s blockchain has already been adopted by numerous major banks and trading firms.
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