Digital Asset lands $355M as a16z doubles down on Wall Street blockchain rails
Digital Asset raised $355M in an a16z‑led round at a $2B valuation, extending a Wall Street‑backed funding run as banks ramp up pilots on its Canton Network blockchain.
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Digital Asset raised $355m led by a16z as Canton Network gains Wall Street backing for tokenized assets, privacy and TradFi expansion plans.
Read full articleDigital Asset raised $355M in an a16z‑led round at a $2B valuation, extending a Wall Street‑backed funding run as banks ramp up pilots on its Canton Network blockchain.
Digital Asset has closed a $355 million funding round led by a16z crypto, with HSBC, Apollo, CME, BNP Paribas, ADIA, ABN Amro, S&P Global, Tradeweb and more than 20 other institutional names joining as investors.
Digital Asset has closed a $355 million funding round led by a16z crypto, with HSBC, Apollo, CME, BNP Paribas, ADIA, ABN Amro, S&P Global, Tradeweb and more than 20 other institutional names joining as investors.
The significant investment in Digital Asset highlights growing confidence in blockchain's potential to revolutionize traditional finance systems. The post Canton creator Digital Asset secures $355 million from a16z, Citadel Securities and Abu Dhabi fund in latest raise appeared first on Crypto Briefing.
The funding round now follows a previous one from May, in which Canton Network's developer raised $300 million.
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