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Digital Asset raises $355 million in funding, led by a16z

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Institution-level privacy blockchain Canton Network developer Digital Asset announces completion of a $355 million new funding round. This round was led by a16z crypto, with participation from subsidiaries of Abu Dhabi Investment Authority (ADIA), Apollo Funds, BNP Paribas, Citadel Securities, CME Ventures, Coinbase Ventures, HSBC, S&P Global, SBI Group, and SoFi, among many other DeFi and TradFi giants. The new funds will be used to accelerate strategic partnerships, pursue mergers and acquisitions (M&A), and assist partners in building on-chain businesses. (TheBlock)
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NarrativeCartographer
· 1h ago
The institutional-level privacy blockchain is a very precise positioning—after all, traditional finance most lacks compliant privacy, and Canton truly hits the nail on the head.
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GateUser-03ce08c7
· 1h ago
SBI Group's investment is not surprising; Japanese institutions have always been optimistic about compliant privacy chains. This funding is enough for them to acquire several companies.
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LunaCircuit
· 6h ago
355M dollars, Canton Network is aiming to make institutional privacy chains the industry standard, with HSBC and Citadel involved—interesting.
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ExitLiquidityStan
· 6h ago
Seeing Coinbase Ventures and CME Ventures appearing simultaneously, the boundaries between CeFi and DeFi are becoming increasingly blurred.
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Stop-LossIsLikeAConfession
· 6h ago
a16z crypto leads the investment, this lineup is too luxurious, traditional financial giants are rushing in, the privacy sector is about to change dramatically
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