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Digital Asset to Raise $3 Million to Support Lightning Network Liquidity
13hours ago

According to Odaily Planet Daily, publicly listed Digital Asset Technologies announced that it has raised $3 million in a private placement round of financing by issuing up to 3,000 convertible bond units (priced at $1,000 Canadian dollars per unit). It is reported that the funds will be used to help its subsidiary LiquidLink build a high-liquidity infrastructure to enable instant settlement of Bitcoin, stablecoins, and real-world assets (RWA) on the Lightning Network. (Globenewswire)