DACC raises $10M to build tokenised clearing infrastructure
What's the deal? Digital Asset Clearing Center (DACC), a tokenised financial market infrastructure provider, has closed a $10M strategic financing round. Investors include Fosun International, ConfluxDealroom has a profile for this one. Try Dealroom →, Global InfoTech, BlockstoneDealroom has a profile for this one. Try Dealroom →, Avior CapitalDealroom has a profile for this one. Try Dealroom →, Fintech World, Satoshi Ventures, and BridgeTower.
DACC offers end-to-end "clearing-as-a-service" for financial institutions. The fresh capital will support further development of its platform.
Why now? Institutional interest in tokenised assets — from bonds to funds to real-world assets — has accelerated sharply. Traditional clearing and settlement systems weren't built for digital assets, creating a gap that startups like DACC are racing to fill.
What could go wrong? Regulatory frameworks for tokenised securities remain fragmented across jurisdictions. DACC will need to navigate an evolving patchwork of rules while convincing risk-averse financial institutions to adopt new infrastructure.
Competition is also intensifying. Major incumbents and well-funded startups alike are building digital asset clearing solutions, which could squeeze margins and limit market share for smaller players.
The signal: The investor mix here is telling — the round is dominated by corporate investors such as Conflux, Global InfoTech GroupDealroom has a profile for this one. Try Dealroom →, and Blockstone, alongside investment fund Avior Capital, suggesting that strategic partners with skin in the digital-asset ecosystem are backing clearing infrastructure they themselves expect to need. It underscores a shift from speculative crypto bets toward the unglamorous but essential plumbing that institutional adoption demands.
Read more: cointime.ai