💰 Digital Asset Raises $355M at a $2B Valuation, Led by a16zDigital Asset Holdings, the company behind Canton Network, has raised $355 million in a funding round led by a16z crypto, valuing the firm at approximately $2 billion.

🔸 The round also attracted participation from major institutional investors, including Citadel Securities, the Abu Dhabi Investment Authority (ADIA), and Optiver.
🔸 The new capital will be used to expand Canton Network, a blockchain platform designed for financial institutions to tokenize, settle, and manage traditional assets in a private and compliant environment.
🔸 The network has already been piloted by several leading financial institutions, including Goldman Sachs, BNY Mellon, and BNP Paribas, highlighting growing institutional interest in bringing core financial infrastructure onto blockchain rails.
‍The investment marks another strong signal that traditional finance is moving beyond crypto speculation and increasingly focusing on tokenization and blockchain-based capital markets infrastructure.
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