# Digital Asset funding: rounds and investors

> Digital Asset has raised $580M across 4 rounds since 2017. Investors include BNP Paribas, Tradeweb and Citibank. Every round with its source.

Source: https://millionrounds.com/company/digital-asset (Millionrounds; every figure on the page links to its filing or article)

United States · [Series F startup](https://millionrounds.com/companies)

# Who invested in *Digital Asset*

4 rounds we have observed, with the 36 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Construction DeFi Fintech Web3 & Crypto

Raised 5 months ago

Follow Digital Asset and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fdigital-asset)

Funding summary Updated 5 Nov 2026

**$580M** raised across 4 rounds since 2017, from 6 sources

**$40M** Round **$135M** Round **$50M** Venture **$355M** Series F

- **Latest round:** Series F, $355M Jun 2026
- **Led by:** A16z Crypto and Andreessen Horowitz's crypto fund, a16z crypto
- **Step-up i:** 7.1×
- **Investors:** 36 (6 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2021 2023 2025

**$40M** Round

**$135M** Round

**$50M** Venture

**$355M** Series F

- **First round:** Round, $40M
- **Biggest round:** $355M
- **Usual gap between rounds:** 6 months

## The rounds

- **Jun 2026** Series F **$355M** *25 new* *4 returning* [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) Lead [Andreessen Horowitz's crypto fund, a16z crypto](https://millionrounds.com/fund/andreessen-horowitz-s-crypto-fund-a16z-crypto) Lead [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Citibank](https://millionrounds.com/fund/citi) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [HSBC](https://millionrounds.com/fund/hsbc) [Polychain](https://millionrounds.com/fund/polychain) [Apollo](https://millionrounds.com/fund/apollo-global-management) [Liberty City Ventures](https://millionrounds.com/fund/liberty-city-ventures) [SBI Group](https://millionrounds.com/fund/sbi-group) [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) [CME Ventures](https://millionrounds.com/fund/cme-group) [William Blair](https://millionrounds.com/fund/william-blair) [Smash Capital](https://millionrounds.com/fund/smash-capital) [Abu Dhabi Investment Authority](https://millionrounds.com/fund/abu-dhabi-investment-authority) [Citadel Securities](https://millionrounds.com/fund/citadel-securities) [S&P Global](https://millionrounds.com/fund/s-and-p-global) [SoFi](https://millionrounds.com/fund/sofi) [Tradeweb](https://millionrounds.com/fund/tradeweb) [Broadridge](https://millionrounds.com/fund/broadridge) [Hanwha Investment & Securities](https://millionrounds.com/fund/hanwha-investment-and-securities) [SC Ventures](https://millionrounds.com/fund/sc-ventures-by-standard-chartered) [Optiver Principal Strategic Investments](https://millionrounds.com/fund/optiver) [7RIDGE](https://millionrounds.com/fund/7ridge) [Greenwulf Asset Management](https://millionrounds.com/fund/greenwulf-asset-management) [R136 Ventures](https://millionrounds.com/fund/r136-ventures) [Shinhan Financial Group](https://millionrounds.com/fund/shinhan-financial-group) [Icapital](https://millionrounds.com/fund/icapital) Reported by SC Ventures and 1 other
- **Dec 2025** Venture **$50M** *4 new* *1 returning* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Citibank](https://millionrounds.com/fund/citi) [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [YZi Labs](https://millionrounds.com/fund/yzi-labs) [Republic](https://millionrounds.com/fund/republic-2) Source recorded
- **Jun 2025** Round **$135M** *6 new* [DRW Venture Capital](https://millionrounds.com/fund/drw-venture-capital) Lead [Tradeweb](https://millionrounds.com/fund/tradeweb) Lead [Tradeweb Markets](https://millionrounds.com/fund/tradeweb-markets) Lead [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [Citadel Securities](https://millionrounds.com/fund/citadel-securities) Reported by TechStartups and 1 other
- **Oct 2017** Round **$40M** *1 new* [Jefferson River Capital](https://millionrounds.com/fund/jefferson-river-capital) Lead Reported by Fortune

## Founders and team

From Digital Asset's own website: 3 founders, 9 on the team.

**Yuval Rooz** Co-Founder and Chief Executive Officer

**Eric Saraniecki** Co-Founder and Head of Network Strategy

**Shaul Kfir** Co-Founder and Head of Strategic Initiatives

- **Bernhard Elsner** Chief Product Officer
- **Edward Newman** Chief Information Security Officer
- **Emnet Rios** Chief Operations Officer
- **Jonathan Isaac** Chief Marketing Officer
- **Kelly Mathieson** Chief Business Development Officer
- **Ratko Veprek** Chief Technology Officer
- **Georg Schneider** Global Head of RWA
- **Ryan Browning** Global Head of Sales
- **Manoj Ramia** General Counsel

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2017 **Round** 2025 **Venture** 2025 **Series F** 2026 [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [Tradeweb](https://millionrounds.com/fund/tradeweb) L [Citibank](https://millionrounds.com/fund/citi) [Citadel Securities](https://millionrounds.com/fund/citadel-securities) [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) L [DRW Venture Capital](https://millionrounds.com/fund/drw-venture-capital) L [Jefferson River Capital](https://millionrounds.com/fund/jefferson-river-capital) L [Tradeweb Markets](https://millionrounds.com/fund/tradeweb-markets) L [Andreessen Horowitz's crypto fund, a16z crypto](https://millionrounds.com/fund/andreessen-horowitz-s-crypto-fund-a16z-crypto) L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)

## Everyone who backed them

[BNP Paribas](https://millionrounds.com/fund/bnp-paribas) VC firm **3** rounds

[Tradeweb](https://millionrounds.com/fund/tradeweb) Growth equity **2** rounds, led 1

[Citibank](https://millionrounds.com/fund/citi) Growth equity **2** rounds

[Citadel Securities](https://millionrounds.com/fund/citadel-securities) Growth equity **2** rounds

[A16z Crypto](https://millionrounds.com/fund/a16z-crypto) VC firm **1** round, led 1

[DRW Venture Capital](https://millionrounds.com/fund/drw-venture-capital) VC firm **1** round, led 1

[Jefferson River Capital](https://millionrounds.com/fund/jefferson-river-capital) Family office **1** round, led 1

[Tradeweb Markets](https://millionrounds.com/fund/tradeweb-markets) Investment firm **1** round, led 1

[Andreessen Horowitz's crypto fund, a16z crypto](https://millionrounds.com/fund/andreessen-horowitz-s-crypto-fund-a16z-crypto) Growth equity **1** round, led 1

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round

[HSBC](https://millionrounds.com/fund/hsbc) Growth equity **1** round

[YZi Labs](https://millionrounds.com/fund/yzi-labs) VC firm **1** round

[Polychain](https://millionrounds.com/fund/polychain) VC firm **1** round

[Republic](https://millionrounds.com/fund/republic-2) VC firm **1** round

[Apollo](https://millionrounds.com/fund/apollo-global-management) Private equity **1** round

[Liberty City Ventures](https://millionrounds.com/fund/liberty-city-ventures) VC firm **1** round

[SBI Group](https://millionrounds.com/fund/sbi-group) Growth equity **1** round

[ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) Corporate VC **1** round

[CME Ventures](https://millionrounds.com/fund/cme-group) Corporate VC **1** round

[William Blair](https://millionrounds.com/fund/william-blair) Hedge fund **1** round

[Smash Capital](https://millionrounds.com/fund/smash-capital) VC firm **1** round

[Abu Dhabi Investment Authority](https://millionrounds.com/fund/abu-dhabi-investment-authority) Angel network **1** round

[S&P Global](https://millionrounds.com/fund/s-and-p-global) Growth equity **1** round

[SoFi](https://millionrounds.com/fund/sofi) Corporate VC **1** round

[Broadridge](https://millionrounds.com/fund/broadridge) VC firm **1** round

[Hanwha Investment & Securities](https://millionrounds.com/fund/hanwha-investment-and-securities) Private equity **1** round

[SC Ventures](https://millionrounds.com/fund/sc-ventures-by-standard-chartered) Corporate VC **1** round

[Optiver Principal Strategic Investments](https://millionrounds.com/fund/optiver) Company **1** round

[7RIDGE](https://millionrounds.com/fund/7ridge) VC firm **1** round

[Greenwulf Asset Management](https://millionrounds.com/fund/greenwulf-asset-management) Growth equity **1** round

[Icapital](https://millionrounds.com/fund/icapital) Private equity **1** round

[R136 Ventures](https://millionrounds.com/fund/r136-ventures) VC firm **1** round

[Shinhan Financial Group](https://millionrounds.com/fund/shinhan-financial-group) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=digital-asset).

## Also claim to have backed them

These 2 firms list Digital Asset as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Intersection Growth Partners](https://millionrounds.com/fund/intersection-growth-partners) Advisor Per its own site

[Private Office Ventures](https://millionrounds.com/fund/private-office-ventures) Advisor Per its own site

## Quick answers about Digital Asset

### Who invested in Digital Asset?

Digital Asset's investors include BNP Paribas, Tradeweb, Citibank, Citadel Securities and A16z Crypto, and 31 more on record. A16z Crypto led its latest round.

### How much has Digital Asset raised?

Digital Asset has raised $580M across 4 rounds since 2017.

### When did Digital Asset last raise?

Digital Asset's most recent round was a Series F of $355M in Jun 2026, led by A16z Crypto.

### What was Digital Asset's biggest round?

Its most recent round, $355M in Jun 2026, is also its largest on record.

### Who backed Digital Asset first?

Digital Asset's first round on record, in Oct 2017, was backed by Jefferson River Capital.

### What stage is Digital Asset at?

Digital Asset's latest named round is a Series F, in Jun 2026.

### Where is Digital Asset based?

Digital Asset is based in the United States.

### Who led Digital Asset's rounds?

Jefferson River Capital led the Undisclosed round in 2017; DRW Venture Capital led the Undisclosed round in 2025; A16z Crypto led the Series F in 2026.

## Companies like Digital Asset

In the same sector, and raised in the last eighteen months.

[**Omni** $244M · Nov 2026](https://millionrounds.com/company/omni)[**Fal** $1.4B · Nov 2026](https://millionrounds.com/company/fal)[**Trajectory** $101M · Nov 2026](https://millionrounds.com/company/trajectory)[**Pathfinder** $13M · Nov 2026](https://millionrounds.com/company/pathfinder)[**Clark** $11M · Nov 2026](https://millionrounds.com/company/clark)[**Northwood Space** $505M · Nov 2026](https://millionrounds.com/company/northwood-space)

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