Cryptocurrencies
Blockchain Company Digital Asset Raises $120 Million
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Digital Asset Holdings LLC, the blockchain software developer that caters to corporate applications, raised more than $120 million from investors 7Ridge and Eldridge.
The company will use the funds to expand its global workforce by 50% this year and add to its mix of products, according to a statement. The latest round follows a $45 million fundraising last year that included investments from Salesforce.com Inc. and Samsung Electronics Co.