Latest news with #EllaZhang
Yahoo
03-07-2025
- Business
- Yahoo
YZi Labs Invests with DRW, Tradeweb, Goldman Sachs, DTCC, Citadel in Digital Asset's Latest Round
Main takeaways YZi Labs joins leading financial institutions like DRW, Tradeweb, Goldman Sachs, Citadel Securities, DTCC in Digital Asset's $135M Series E round, signaling its support of institutional adoption around compliant blockchain infrastructure. The investment will fuel the growth of the Canton Network, the only public L1 with configurable privacy, enabling regulated institutions to securely bring trillions in real-world assets on-chain. ABU DHABI, United Arab Emirates, July 3, 2025 /PRNewswire/ -- YZi Labs today announced its investment in Digital Asset, a platform for enterprise-grade tools to build compliant solutions for regulated markets. This investment builds on Digital Asset's $135M Series E fundraising round announced on June 24, which included participation from major financial institutions such as DRW, Tradeweb, DTCC, Citadel Securities, and Goldman Sachs. By joining this round, YZi Labs reinforces its commitment to advancing institutional adoption through infrastructure that meets the regulatory and operational needs of mature markets like the U.S. Digital Asset is the creator of the Canton Network, the only public L1 network built from the ground up with configurable on-chain privacy. As of June 2025, Canton has supported tokenized real-world assets with a total value locked (TVL) of trillions of dollars, including over $1.5 trillion in monthly tokenized U.S. Treasury repo activity. The network has seen notable growth over the past year with nearly 400 participants across its ecosystem, including global leaders in both traditional and decentralized finance. The blockchain space has long lacked a solution that allows regulated financial institutions to operate on-chain without compromising privacy, control, or compliance. Traditional public blockchains are too transparent for sensitive financial data, while private chains lack interoperability and scalability. By allowing institutions to tailor privacy settings to their specific needs, Canton overcomes the primary barrier to blockchain adoption: the conflict between transparency and financial confidentiality. This funding will allow Digital Asset to expand the Canton Network's infrastructure, onboard new institutions more quickly, and support the composability and interoperability required to bring billions of dollars of real-world assets on-chain. Over the next 12 to 18 months, there will be additional live deployments from major financial players, interoperability between applications across nodes, and a meaningful expansion into new global markets. "Through this investment, YZi Labs is proud to support the mission of bringing tokenized real-world assets into the financial mainstream, and to contribute to the broader goal of advancing global institutional adoption." said Ella Zhang, Head of YZi Labs. "This investment from YZi Labs reinforces the growing demand for blockchain infrastructure that meets the rigorous standards of global financial markets," said Yuval Rooz, Co-Founder and CEO of Digital Asset. "Their deep conviction in foundational Web3 infrastructure, global track record in scaling emerging technologies, and expertise in accelerating blockchain adoption make them an ideal partner as we expand Canton's reach. With this new backing, we're advancing our mission to bring trillions of dollars more in real-world assets on-chain, creating a more connected and efficient financial ecosystem." About YZi LabsYZi Labs manages over $10 billion in assets globally. Our investment philosophy emphasizes impact first—we believe that meaningful returns will naturally follow. We invest in ventures at every stage, prioritizing those with solid fundamentals in Web3, AI, and biotech. YZi Labs' portfolio covers over 300 projects from over 25 countries across six continents. More than 65 of YZi Labs' portfolio companies have gone through our incubation programs. For more information, follow YZi Labs on X. About Digital Asset HoldingsDigital Asset is a leading innovator in blockchain technology, transforming traditional and digital financial markets with privacy-enabled solutions that improve capital flow and create a more efficient, fair, and resilient global system. As the creator of the Canton Network, the only public layer one blockchain with privacy, and a founding member of its Global Synchronizer Foundation, Digital Asset has been a pioneer of this open, secure, and interoperable infrastructure. Founded in 2014, Digital Asset is committed to reshaping the future of finance by enabling real-time efficiencies, 24/7 global transactions, and unlocking the full potential of cryptocurrencies, digital assets, and the continued convergence of decentralized and traditional finance. About the Canton NetworkThe Canton Network is the first public, permissionless blockchain purpose-built for institutional finance—uniquely combining privacy, compliance, and scalability. Governed by the Global Synchronizer Foundation with participation from leading global financial institutions, Canton enables real-time, secure synchronization and settlement across multiple asset classes on a shared, interoperable infrastructure. Initially developed by Digital Asset and now open-sourced, Canton supports decentralized governance and collaborative app development. By overcoming the limitations of existing blockchains, it unlocks new efficiencies for regulated institutions and facilitates the convergence between traditional finance and institutional crypto. Disclaimer:The information provided in this article is intended for informational purposes only and does not constitute investment advice, endorsement, analysis, or recommendations with respect to any financial instruments, investments, or issuers. This article may contain forward-looking statements which are by nature subject to risks and uncertainties. Investment in cryptocurrency and DeFi projects involves substantial risk, including the risk of complete loss. This article does not take into account the investment objectives, financial situation, or specific needs of any particular person and each individual is urged to consult their legal and financial advisors before making any investment decisions. Media Contacts:Yuna Labs yuna.y@ Paul PatellaDigital Asset (US) View original content to download multimedia: SOURCE Digital Asset (US) Corp.
Business Insider
10-06-2025
- Business
- Business Insider
BNB Chain Launches Builder Bunker: A Web3 & AI Community Hub in New York
Dubai, UAE, June 10th, 2025, Chainwire BNB Chain, the leading blockchain by transaction volume and daily active users, is opening the doors to its first-ever local, in-person community hub, Builder Bunker. In the heart of New York City, Builder Bunker will serve as a base for the most committed builders in Web3 and AI. This isn't a typical co-working space. It's a hands-on launchpad for builders from Web3 and emerging frontiers such as AI. It is designed for those ready to move fast, collaborate deeply, and turn bold ideas into real products. It welcomes builders using blockchain and emerging technologies to build and innovate within their businesses, encouraging synergy with BNB Chain. Builder Bunker brings together founders, developers, and creators looking to scale their own projects, where people find their tribe—and the tools to go further, faster. 'The Builder Bunker is where ideas get sharpened and squads get stronger,' said Sarah, the BD Lead of BNB Chain. 'We're thrilled to launch this initiative from New York, one of the most vibrant builder communities in the world. We're assembling a dedicated unit of builders who aren't just talking Web3, but building it, block by block, together. ' Located in the heart of New York City, the Builder Bunker project serves as a long-term program that will provide an immersive experience for selected projects. Resident teams will receive: Dedicated workspace for early founding members, Weekly programs including founder roundtables, AMAs, and Demo Days Office hours with BNB Chain core teams, ecosystem partners, and notable mentors Access to technical advisors, investors, talent mixers, GTM networking events, and more The space will host flagship incubation programs including the 10th cohort of the Most Valuable Builder (MVB) program and the first batch of EASY Residency by YZi Labs, with opportunities for selected teams to receive unparalleled support, resources, and investment opportunities. 'Bringing founders together in one space enables them to learn from and support each other, getting into a zone of immersive building. The Builder Bunker initiative gives our founders in NYC access to valuable talent networks as well as potential customer resources and investor attention. We believe future unicorns will emerge from Builder Bunker.' said Ella Zhang, Head of YZi Labs. As a curated, high-intent builder residency, Builder Bunker is designed for teams with long-term visions, real product execution, and those contributing to the BNB Chain ecosystem or broader innovative infrastructure. BNB Chain sees Builder Bunker as the first step in a longer-term global initiative to create more offline touchpoints for the builder community. NYC is just the beginning. BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem's governance chain. opBNB: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds. BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces. Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program. Tooling, such as the AI Solution, is also available for developers to explore. For more, users can follow BNB Chain on X or start exploring via the Dapp library About YZi Labs YZi Labs manages over $10 billion assets globally. Our investment philosophy emphasizes impact first—we believe that meaningful returns will naturally follow. We invest in ventures at every stage, prioritizing those with solid fundamentals in Web3, AI, and biotech. YZi Labs' portfolio covers over 300 projects from over 25 countries across six continents. More than 65 of YZi Labs' portfolio companies have gone through our incubation programs. For more information, users can follow YZi Labs on X.
