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 Perkins Coie LLP
 1155 Avenue of the Americas
 22nd Floor
 New York, NY 10036-2711

 T. +1.212.262.6900
 F. +1.212.977.1649
 perkinscoie.com

 March 14, 2025

 VIA EDGAR United States Securities and Exchange Commission

 Division of Corporation Finance

 Office of Real Estate & Construction
100 F Street NE
Washington, D.C. 20549

 Attention:
 Pearlyne Paulemon

 Jeffrey Gabor

 Jennifer Monick

 Jeffrey Lewis

 Re: Digital Asset Acquisition Corp.
 Registration Statement on Form S-1
 Submitted February 7, 2025
 File No. 333-284776

 Ladies and Gentlemen:

 On behalf of our client, Digital
Asset Acquisition Corp., a Cayman Islands exempted company (the " Company "), we are writing to submit the Company's
responses to the comments of the staff of the Division of Corporation Finance of the United States Securities and Exchange Commission
(the " Staff ") with respect to the above-referenced Registration Statement on Form S-1 (the " Registration Statement "),
contained in the Staff's letter dated March 6, 2025 (the " Comment Letter ").

 The Company has filed via
EDGAR Amendment No. 1 to the Registration Statement (" Amendment No. 1 "), which reflects the Company's responses
to the comments received by the Staff and certain updated information. For ease of reference, each comment contained in the Comment Letter
is printed below in bold and is followed by the Company's response. All page references in the responses set forth below refer to
page numbers in the Amendment No. 1. Capitalized terms used but not defined herein have the meanings set forth in the Amendment No. 1.

 United States Securities and Exchange Commission

 March 14, 2025

 Registration Statement on Form S-1 submitted
February 7, 2025

 Cover Page

 1. Please clearly state that there may be actual or potential material conflicts of interest between the
sponsor, its affiliates, or promoters; and purchasers in the offering. See Item 1602(a)(5) of Regulation S-K.

 Response : The Company acknowledges
the comments of the Staff and has revised the disclosure on the cover page.

 2. We note that your sponsor transferred 25,000 founder shares and 10,000 founder shares to each of your
independent directors and to each of your advisors. When discussing the amount of compensation received or to be received, as required
by Item 1602(a)(3) of Regulation S-K, please include any compensation paid or to be paid to or securities issued or to be issued to sponsor
affiliates and promoters and the price paid. Please also revise the tables on pages 5 and 112. See Item 1602(b)(6) of Regulation S-K

 Response : The Company
acknowledges the comments of the Staff and has revised the disclosure on the cover page as well as pages 6, 24, 44, 68, 85, 114, 120-121,
 163 and 166.

 Prospectus Summary

 Our Sponsor, page 5

 3. In your compensation table here and on page 112, please revise to include the antidilution adjustment
of the founder shares. Please also revise the table to reflect that in addition to your sponsor, independent directors, advisors, or their
respective affiliates may be paid a finder's fee, advisory fee, consulting fee or success fee, as referenced on page 38. Lastly,
please revise the table to reflect that in addition to the sponsor, an affiliate of the sponsor may be paid a salary or fee in connection
with the business combination. See Item 1602(b)(6) and Item 1603(a)(6) of Regulation S-K.

 Response : The Company acknowledges
the comments of the Staff and has revised the disclosure on pages 6 and 120.

 The Offering, page 18

 4. We note your disclosure on page 19 that 7,500,000 warrants will be outstanding after this offering
and the private placement. We further note your note (5) on page 19 indicates there will be 2,500,000 public warrants. Such amounts do
not appear to be consistent with the terms of the transaction. Please revise the number of warrants for accuracy.

 Response : The Company acknowledges
the comments of the Staff and has revised the disclosure on page 21.

 Ability to extend time to complete business
combination, page 28

 5. Please disclose your plans if you do not consummate a de-SPAC transaction within 24 months, including
whether there are any limitations on the number of extensions, including the number of times, and the consequences to the SPAC sponsor
of not completing an extension of this time period. See Item 1602(b)(4) of Regulation S-K.

 Response : The Company acknowledges
the comments of the Staff and has revised the disclosure on pages 16, 31, 103, 129 and 167.

 Anticipated expenses and funding sources, page
28

 6. Please revise this section or include a new section within the Summary under an appropriate subcaption
to provide a more comprehensive discussion regarding whether you have any plans to seek additional financing and how such financings may
impact unaffiliated security holders, as required by Item1602(b)(5) of Regulation S-K. In this regard, we note your disclosures that you
intend to target businesses with enterprise values that are greater than you could acquire with the net proceeds of this offering and
the sale of the private placement warrants, as stated on page 66.

 Response : The Company acknowledges
the comments of the Staff and has revised the disclosure on pages 46-48.

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 United States Securities and Exchange Commission

 March 14, 2025

 Dilution, page 99

 7. Please revise your dilution disclosure on pages 99 to 101 to also include the tabular dilution disclosure
you have provided on the outside front cover page of the prospectus. Reference is made to Item 1602(c) of Regulation S-K.

 Response : The Company acknowledges
the comments of the Staff and has revised the disclosure on page 106-107.

 8. We note all of the column headings are labeled as "With Over-Allotment" in the table on page
100. Please revise to ensure that the column headings are properly labeled as "With Over-Allotment" or "Without Over-Allotment"
for each redemption scenario in the table.

 Response : The Company acknowledges
the comments of the Staff and has revised the disclosure on page 107.

 9. We note inconsistent disclosure throughout in your filing with respect to whether or not you cannot
redeem the public shares in an amount that would cause your net tangible assets to be less than $5,000,001. For example purposes only,
we noted:

 ● On page 64, you disclose that your amended
and restated memorandum and articles of association will not provide a specified maximum redemption threshold.

 ● Your tabular disclosure on page 100 indicates
you have assumed $140,162,387 as the amount paid for redemptions in your maximum redemption scenario. This tabular disclosure in inconsistent
with your narrative disclosure on page 101, which states that for purposes of presenting the maximum redemption scenario, you have reduced
your pro forma net tangible book value after this offering (assuming no exercise of the underwriters' over-allotment option) by
$150,000,000 because holders of up to approximately 100% of your public shares may redeem their shares.

 ● On page F-11, you state that although the
Company did not specify a maximum redemption threshold, its charter provides that the Company will not redeem its Public Shares in an
amount that would cause its net tangible assets (shareholder's equity) to be less than $5,000,001.

 Please revise your filing to address
these and other related inconsistencies. Your revisions should clarify if you do or do not have a redemption restriction such that you
cannot redeem the public shares in an amount that would cause your net tangible assets to be less than $5,000,001.

 Response : The Company acknowledges
the comments of the Staff and has revised the disclosure on pages 107, F-8 and F-11.

 10. We note that one of your calculations assumptions is that no ordinary shares and convertible equity
or debt securities are issued in connection with additional financing in connection with an initial business combination. Please expand
your disclosure to highlight that you may need to do so as you intend to target an initial business combination with a target company
whose enterprise value is greater than you could acquire with the net proceeds of the offering and the sale of private placement warrants,
as stated on page 66 of your prospectus.

 Response : The Company acknowledges
the comments of the Staff and has revised the disclosure on page 105.

 * * *

 3

 United States Securities
and Exchange Commission

 March 14, 2025

 Please do not hesitate to
contact Elliott Smith at (212) 261-6847 of Perkins Coie LLP with any questions or comments regarding this letter.

 Best regards,

 /s/ Perkins Coie LLP

 cc:
 Peter Ort, Digital Asset Acquisition Corp.

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