Digital Asset
Coverage of Digital Asset in the Nexus archive.
- US Senate passes housing supply bill featuring CBDC ban in 85-5 vote
The US Senate passed a housing supply bill that includes a ban on the issuance of a CBDC or similar digital assets until 2030. The bill was approved in an 85-5 vote.
- Wall Street Giants, Sovereign Wealth Fund Back Canton Network Creator in $355M Round
Digital Asset, the creator of Canton Network, secured $355 million in a funding round led by Andreessen Horowitz, with additional backing from Wall Street Giants and a Sovereign Wealth Fund.
- Digital Asset lands $355M as a16z doubles down on Wall Street blockchain rails
Digital Asset raised $355 million in a funding round led by a16z at a $2 billion valuation. The funding is part of a Wall Street-backed initiative as banks conduct pilots on its Canton Network blockchain.
- Bitwise completes takeover of Superstate's $259M crypto carry fund
Bitwise has completed the takeover of Superstate's $259M crypto carry fund. The transition grants Bitwise control of a tokenized fund combining crypto carry trades with Treasury and digital asset exposure.
- Canton Network’s Digital Asset targets $2 billion valuation in a16z crypto-led raise: Bloomberg
Canton Network's Digital Asset is targeting a $2 billion valuation through a crypto-led raise led by 16z. The raise is expected to be significant and may impact the company's future growth. Canton Network's ambitious goal may lead to increased investment in the crypto space.
- Canton Network developer Digital Asset eyes $300 million raise at $2 billion valuation, led by a16z crypto: Bloomberg
Digital Asset is raising $300 million at a $2 billion valuation, led by a16z crypto, with the Canton Network attracting partners like Visa and Goldman Sachs. This fundraise would be Digital Asset's largest to date. The investment round values the company at $2 billion.
- The legal risks and practical considerations of digital asset blacklisting
The article discusses the legal risks and practical considerations of digital asset blacklisting, highlighting key facts about the process and its implications. Digital asset blacklisting can have significant consequences, including financial losses and reputational damage. Understanding these risks is crucial for individuals and organizations involved in digital assets.
- North Korea's Crypto Hack Playbook Won't Work on Canton Network, Says Digital Asset CEO
Digital Asset CEO Yuval Rooz claims the Canton Network's guardrails make it immune to North Korean-linked hacking attempts. The platform's design allows participants to implement security measures that neutralize such threats.
- SBI Holdings eyes stake in crypto exchange Bitbank to build digital asset powerhouse
SBI Holdings is considering acquiring a stake in crypto exchange Bitbank to establish a digital asset powerhouse, signaling a strategic move into the cryptocurrency market. The partnership aims to strengthen SBI's position in the growing digital finance sector.
- Elon Musk's Tesla reports unchanged bitcoin holdings, books $173 million digital asset loss
Tesla, Inc. reported unchanged Bitcoin holdings and recorded a $173 million loss from digital assets in its financial report. The loss highlights the impact of Bitcoin's price volatility on the company's balance sheet.
- Canton, ZKsync clash over how blockchains enforce rules
Matter Labs' Alex Gluchowski disputes Canton's blockchain classification, while Digital Asset co-founders argue public and private chains are similarly structured. The debate centers on how blockchain networks enforce rules and governance.
- Japan to test government bonds as digital collateral on Canton
Japan's Japanese Securities Clearing Corporation will test using Japanese government bonds as digital collateral on the Canton network with Mizuho, Nomura, and Digital Asset. The initiative aims to explore blockchain-based financial infrastructure.