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Digital Asset plans to raise 3 million Canadian dollars to support its subsidiary in the Lighting Network for instant settlement of BTC.
According to Mars Finance, listed company Digital Asset Technologies announced the raising of 3 million CAD in a private sale by issuing up to 3,000 units of company Convertible Bonds (with a price of 1,000 CAD per share). It is reported that these 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 Lighting Network.