A total of 13 financial services firms have backed a $50m funding round for Digital Asset, a developer of distributed ledger technology software.
US-based financial technology provider Digital Asset has raised more than $50m in a funding round backed by 13 corporates from the financial sector, including CME Ventures, the investment vehicle of futures company CME.
The round also included securities exchange operators ASX and Deutsche Börse Group; Dutch state-owned bank ABN Amro; management consultancy firm Accenture; business process outsourcing firm Broadridge Financial Solutions; dealer broker Icap; and post-trade financial services provider Depository Trust and Clearing Corporation (DTCC).
Financial services firms BNP Paribas,…