DACC completes $10 million strategic financing round, with Fosun International and others participating.

CoinFeed reported on May 16 that Digital Asset Clearing Center (DACC), a tokenized financial market infrastructure, announced the completion of a $10 million strategic financing round. Conflux, Global InfoTech, Fosun International, Blockstone, Avior Capital, Fintech World, Satoshi Ventures, and BridgeTower were among the investors. DACC currently provides end-to-end "Clearing-as-a-Service" to financial institutions, and the new funding will support its efforts to build a compliant financial settlement and clearing infrastructure.