The developer of the institution-level privacy blockchain Canton Network, Digital Asset, announced the successful completion of a new $355 million funding round. This round was led by a16z crypto, with participation from numerous DeFi and TradFi institutions, including a subsidiary under the Abu Dhabi Investment Authority (ADIA), Apollo Funds, BNP Paribas, Citadel Securities, CME Ventures, Coinbase Ventures, HSBC, S&P Global, SBI Group, and SoFi. The new funds will be used to accelerate strategic partnerships, pursue mergers and acquisitions (M&A), and help partners build on-chain businesses. (TheBlock)

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