Search results for Abu Dhabi Investment Authority
Crypto
Digital Asset raises additional $10 million from Shinhan Financial, SC Ventures
Digital Asset, developer of the Canton blockchain, has raised an additional $10 million from South Korea’s Shinhan Financial Group and Standard Chartered’s SC Ventures. TheBlock reported the investment increased the company’s ongoing funding round to $365 million from $355 million, at the same $2 billion valuation as the previous round. Digital Asset last month announced a $355 million fundraising led by a16z crypto with participation from major institutions.
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.
AI & Enterprise
South Korea holds AI investment forum with UAE
South Korea\'s Ministry of Science and ICT, the National AI Strategy Committee and the Ministry of Trade, Industry and Energy held a Korea-UAE AI infrastructure and semiconductor investment forum in Seoul. The event follows discussions by a bilateral government-private working group formed after a UAE state visit in November 2025. UAE participants included officials and representatives from Core42, MGX, ATRC, TII, Mubadala and Abu Dhabi Investment Authority.