Digital Asset Acquisition Corp. (Ticker: DAAQU US) is a Cayman Islands incorporated blank check company focusing its search for acquisitions on the digital asset and cryptocurrency sectors. Digital Asset Acquisition Corp. is expected to list on NASDAQ on April 29, 2025, offering 15.0 million units priced at $10.00 each, aiming to raise $150.0 million. Each unit consists of one ordinary share and one-half of one redeemable warrant. According to its prospectus, the company intends to use the IPO proceeds for a future business combination within its target sectors. The company has a reported market capitalization of $200.0 million. The management team, including co-chairmen Peter Ort and Jeff Tuder, and sponsor affiliates have prior experience with several SPACs, including the Concord Acquisition Corp series. Cohen & Company Capital Markets and Clear Street are joint managers for the offering.