According to Aastocks, Digital Asset Clearing Center (DACC) completed a $10 million strategic funding round today (May 16), with participants including Conflux, Global InfoTech, Fusai International, Blockstone, Avior Capital, Fintech World, Satoshi Ventures, and BridgeTower. DACC provides financial institutions with end-to-end clearing-as-a-service infrastructure for tokenized markets. The funding will support the company’s development of compliant financial settlement and clearing infrastructure.
Related News
Fidelity International Launches First Tokenized Fund With Apex Group
Crypto industry regulatory turning point: the Senate passes the CLARITY Act, ushering in a historic change to asset classification standards
Senate Banking Committee Advances Clarity Act in 15-9 Vote