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Crypto

Digital Asset raises $355 million led by a16z at $2 billion valuation

Digital Asset Holdings raised $355 million at a valuation of about $2 billion. The funding round was led by a16z Crypto, which invested $100 million, with participation from 7RIDGE, Abu Dhabi Investment Authority, Citadel Securities and Optiver. Digital Asset plans to use the proceeds to expand the Canton Network, which supports financial institutions in tokenising and settling securities without disclosing sensitive commercial data.

Crypto

Institutional bitcoin holdings fall 17% in Q1, banks quadruple from year ago

Institutional investors\' bitcoin holdings via U.S. spot exchange-traded funds fell sharply in the first quarter of 2026, according to a CoinShares analysis of 13F filings cited by CoinPost. Holdings dropped 17% to 261,000 BTC from 313,000 BTC, while assets under management fell 35% to $17.8 billion. Hedge funds and broker-dealers drove most selling. Banks were net buyers, lifting holdings to 15,200 BTC, up 339% from a year earlier.

Crypto

Binance expands U.S. stock trading abroad, plans tokenised bStocks

Binance has started offering trading in about 7,000 U.S.-listed stocks and exchange-traded funds outside the United States. Users can manage cryptocurrencies and stocks through a single Binance account and buy fractional shares from as little as $5. Trading is available 24 hours a day, five days a week, using supported stablecoins such as USDC and USDT and Binance Coin. Binance also plans to launch tokenised stock product bStocks within weeks.