Canton Network’s Digital Asset targets $2 billion valuation in a16z crypto-led raise: Bloomberg
coindesk·
- Digital Asset Holdings aims to raise about $300 million at a valuation of approximately $2 billion, with a16z crypto interested in investing.
- This funding round follows a strategic investment of about $50 million in late 2025 from BNY, Nasdaq, and other existing investors.
- The Canton Network, which connects tokenized assets for financial institutions, recently completed its first cross-border intraday repo transaction using tokenized U.K. gilts.