Sidley Represents Digital Asset Holdings, Inc. in US$355 Million Series F Financing

Sidley represented Digital Asset Holdings, Inc. in its US$355 million Series F Financing led by Andreessen Horowitz’s crypto fund, a16z crypto, with participation from leading institutions across traditional and decentralized finance.

Digital Asset Holdings is the creator of Canton, the only public layer-one blockchain with privacy, and 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.

The Sidley team was led by D. Scott Bennett and Ellen H. Park (Capital Markets), and included Kayla M. West, Demetrius Watson, and Renyang Gao (Capital Markets); Christian Brause and Patrick M. Gray (Tax); Benjamin L. Nager (Securities Enforcement and Regulatory); and James Mendenhall and Jen Fernandez (Global Arbitration, Trade and Advocacy).