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Digital Asset raises $355M led by a16z crypto to expand Canton Network for institutional finance.

Protocol Fundamentals
11 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

Digital Asset secured $355 million in funding led by a16z crypto's $100 million investment to scale its Canton Network, a blockchain platform designed for private settlement of tokenized financial assets. The capital will support strategic partnerships, acquisitions, and platform growth, reinforcing Digital Asset's position in regulated blockchain environments. Major financial institutions like Goldman Sachs and BNP Paribas have piloted Canton, highlighting strong demand for blockchain solutions in traditional finance. This funding round, exceeding initial expectations, signals growing investor confidence in blockchain infrastructure for institutional use.

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