Digital Asset Raises $355M for Canton Network in a16z-Led Round

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Digital Asset closed a $355 million funding round led by a16z crypto for the Canton Network institutional blockchain. The round values Digital Asset above $2 billion and exceeded an earlier roughly $300 million target. More than 20 institutional names participated, including HSBC, Apollo, CME, BNP Paribas, and ABN Amro.
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