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Digital Asset Plans to Raise 3 Million Canadian Dollars to Support Its Subsidiary in Instant Settlement of BTC on Lightning Network

Summary: According to GlobeNewswire, publicly listed company Digital Asset Technologies announced a private placement round of financing, raising 3 million Canadian dollars by issuing up to 3,000 units of convertible bonds (priced at 1,000 Canadian dollars per share). The funds will be used to help its subsidiary LiquidLink build high liquidity infrastructure for instant settlement of ...

According to GlobeNewswire, publicly listed company Digital Asset Technologies announced a private placement round of financing, raising 3 million Canadian dollars by issuing up to 3,000 units of convertible bonds (priced at 1,000 Canadian dollars per share). The funds will be used to help its subsidiary LiquidLink build high liquidity infrastructure for instant settlement of Bitcoin, stablecoins, and real-world assets (RWA) on the Lightning Network.

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