YZi Labs Announces Investment in Digital Asset
According to Jinse Finance, YZi Labs announced today its investment in Digital Asset, an enterprise-grade platform providing compliance solutions for regulated markets. This investment follows Digital Asset’s $135 million Series E funding round announced on June 24, with participation from major financial institutions including DRW, Tradeweb, DTCC, Citadel Securities, and Goldman Sachs. The funds will enable Digital Asset to expand the infrastructure of the Canton Network, onboard new institutions more rapidly, and support the composability and interoperability required to bring billions of dollars in real-world assets on-chain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
About 700,000 BTC have flowed out of exchanges in the past year.
Korean retail investors shift to the US in Q3: Sold over 5.5 trillion won of Korean stocks, purchased more than 10 trillion won of US stocks
In the third quarter, Korean retail investors made net purchases of US stocks worth approximately 10.15 trillion won, marking a complete reversal from the previous pattern in the first half of the year, when they made net purchases of nearly 100 trillion won in KOSPI stocks. In September alone, the sell-off amount reached as high as 14.2 trillion won. Analysts attribute this shift to a combination of factors: a sharp decline in KOSPI at high levels, the continued strength of the US stock market driven by AI themes, and the appreciation of the Korean won reducing currency exchange costs.
Crypto prices
More
