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Digital Asset Technologies ( (TSE:DATT) ) has provided an update.
Digital Asset Technologies Inc. has announced a proposed $3 million private placement to fund its subsidiary, LiquidLink AI Corp., in building a high-liquidity infrastructure on the Bitcoin Lightning Network. This initiative aims to address Bitcoin’s scalability challenges by supporting instant settlement of Bitcoin, stablecoins, and Real World Assets, potentially positioning LiquidLink as a significant revenue-generating node within the digital commerce ecosystem.
More about Digital Asset Technologies
Digital Asset Technologies Inc. is a technology-focused investment issuer. The company is involved in developing infrastructure for digital assets, with a focus on leveraging the Bitcoin Lightning Network to facilitate scalable, instant payments and digital commerce.
Average Trading Volume: 121,196
Technical Sentiment Signal: Sell
Current Market Cap: C$6.91M
For an in-depth examination of DATT stock, go to TipRanks’ Overview page.