Canton Network’s Digital Asset targets $2 billion valuation in raise led by a16z crypto: Bloomberg
CoinDesk
Digital Asset Holdings is seeking $300 million in funding at a $2 billion valuation, with participation from a16z crypto.Summary
Digital Asset Holdings, the firm behind the Canton Network, is reportedly raising $300 million in a new funding round that would value the company at approximately $2 billion. Led by a16z crypto, this initiative follows a $50 million strategic investment in late 2025 from major financial institutions such as BNY and Nasdaq. The Canton Network is a privacy-focused blockchain designed to facilitate tokenized asset transactions for global financial firms, recently successfully executing cross-border intraday repo transactions involving U.K. gilts.
(Source：CoinDesk)