Digital Asset Raises $355M in A16z-Led Round at $2B Valuation

Canton Network developer Digital Asset raises $355 million to bring capital markets onchain

The investment comes as blockchains designed for big banks and institutions are having a moment, with Stripe's Tempo and Circle's Arc raising hundreds of millions of dollars.

Digital Asset Raises $355M in a16z-Led Round at $2B Valuation

Digital Asset secures $355M in new funding led by a16z crypto at a $2B valuation, extending Wall Street-backed support as banks pilot tokenization on Canton Network.

Canton Wins Wall Street's Backing With $355M Raise

Digital Asset, the developer behind the Canton Network, has closed a $355 million funding round led by a16z crypto, the firm confirmed Thursday. The round was oversubscribed against a reported $300 million target, valuing the company at approximately $2 billion. The investor list spans major banks, trading firms, asset managers, and exchanges — a level of institutional consensus around a single blockchain project that the industry has rarely see…

Wall Street Piles Into Digital Asset as Canton Network Draws $355M Round Led by a16z

Digital Asset, the company behind the Canton Network institutional blockchain, has closed a $355 million funding round led by a16z crypto, with participation from HSBC, Apollo, CME, BNP Paribas, ABN Amro, ADIA, S&P Global, Tradeweb, and more than 20 other institutional names. The round, announced... Read the full story at The Defiant

Digital Asset Holdings raises $355m in a16z-led funding round

Digital Asset raised $355m led by a16z as Canton Network gains Wall Street backing for tokenized assets, privacy and TradFi expansion plans.