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Digital Asset raises $355M led by A16z to expand Canton Network for institutional blockchain use.

Protocol Fundamentals
11 Jun 2026
Bitcoin
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Bullish
pluang ai news

Digital Asset secured $355 million in a funding round led by Andreessen Horowitz’s A16z Crypto fund to grow its Canton Network, a blockchain platform designed for regulated capital markets. The network already handles over $4 trillion in monthly transaction volume and supports tokenized assets worth more than $6 trillion. This investment will fuel mergers, acquisitions, and partnerships, accelerating the adoption of blockchain technology in institutional finance, including a key project with DTCC to tokenize U.S. Treasury securities by 2026. The company is profitable and aims to become the core infrastructure for global financial workflows onchain.

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