Digital Asset raises $355M led by A16z to expand Canton Network, the privacy blockchain processing $4T monthly for TradFi.

The funding will enable Digital Asset to accelerate its strategic partners' onchain deployment strategies, CEO Yuval Rooz said.

Digital Asset secured $355 million from investors including a16z crypto, Citadel Securities, and Optiver to expand its Canton Network.

Digital Asset raises $355M led by a16z crypto, with HSBC, Apollo, CME, BNP Paribas and others backing Canton Network's institutional blockchain expansion.

Canton Network creator Digital Asset secured $355 million in a funding round led by Andreessen Horowitz alongside an array of other backers.

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.

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 led by A16z to expand Canton Network, the privacy blockchain processing $4T monthly for TradFi.