{"id":72362,"date":"2026-05-11T16:33:09","date_gmt":"2026-05-11T16:33:09","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/canton-network-developer-digital-asset-seeks-300m-from-a16z-crypto\/"},"modified":"2026-05-11T16:33:09","modified_gmt":"2026-05-11T16:33:09","slug":"canton-network-developer-digital-asset-seeks-300m-from-a16z-crypto","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/canton-network-developer-digital-asset-seeks-300m-from-a16z-crypto\/","title":{"rendered":"Canton Network Developer Digital Asset Seeks $300M From A16z Crypto"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">A16z crypto leads a ~$300 million round at Digital Asset Holdings, valuing the company at ~$2 billion, per Bloomberg.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Canton Network has processed over $6 trillion in tokenized assets, drawing Visa, DTCC, and Goldman Sachs as institutional validators.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Digital Asset plans to use fresh capital to scale the Canton Network ecosystem as the RWA tokenization sector accelerates into 2026.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Digital Asset Eyes $300M Round Led by A16z <span>Crypto<\/span> at $2B Valuation<\/h2>\n<p>The round has not closed, and its final size and terms could still change. Investment bank FT Partners is advising Digital Asset on the deal. Neither the company nor A16z <span>Crypto<\/span> has publicly commented, according to Bloomberg, which first reported on the news.<\/p>\n<p>If completed, the raise would mark the largest single funding round in Digital Asset\u2019s history. The company, founded in October 2014 by Yuval Rooz, Eric Saraniecki, Shaul Kfir, Sunil Hirani, and Don R. Wilson of <a href=\"https:\/\/news.bitcoin.com\/bhutan-and-cumberland-drw-sign-mou-to-develop-digital-asset-infrastructure\/\">DRW<\/a>, has spent more than a decade building distributed ledger technology for institutional capital markets.<\/p>\n<p>Digital Asset is best known for creating Daml, an open-source <span>smart contract<\/span> language purpose-built for financial applications, and for developing the Canton Network, a public <span>Layer 1<\/span> <span>blockchain<\/span> launched in 2023 alongside Goldman Sachs, Deutsche B\u00f6rse, BNP Paribas, and others.<\/p>\n<p>The Canton Network is built for institutional finance. It gives participating firms configurable, protocol-level privacy, meaning counterparties share only the data required to settle a transaction. This is a meaningful distinction from fully transparent chains like Ethereum or <span>Solana<\/span>, where all transaction data is publicly visible.<\/p>\n<p>The network\u2019s Global Synchronizer, governed by the <a href=\"https:\/\/news.bitcoin.com\/21shares-launches-first-us-canton-network-etf-on-nasdaq\/\">Canton<\/a> Foundation, enables real-time synchronization of assets and data across applications and subnets without relying on bridges. Institutions use it for tokenized real-world assets, repo financing, collateral mobility, and settlement workflows.<\/p>\n<p>Adoption has grown across Wall Street. Visa joined as the first payments company to serve as a Super Validator in March 2026 and added Canton to its <span>stablecoin<\/span> settlement pilot. The DTCC announced a collaboration with Digital Asset to tokenize DTC-custodied U.S. Treasuries, targeting 2026. HSBC, S&amp;P Global, BNY Mellon, <a href=\"https:\/\/news.bitcoin.com\/citadel-securities-challenges-citrinis-global-intelligence-crisis-thesis\/\">Citadel Securities<\/a>, Nasdaq, and Euroclear are among the participants and validators active on the network. To date, Canton has processed or issued over $6 trillion in tokenized assets.<\/p>\n<p>Digital Asset\u2019s prior major raises include a roughly $135 million strategic round in June 2025 led by DRW Venture Capital and Tradeweb Markets, with participation from Goldman Sachs, Citadel Securities, DTCC, and BNP Paribas, followed by a roughly $50 million extension in December 2025 from BNY Mellon, Nasdaq, S&amp;P Global, and iCapital.<\/p>\n<p>A16z <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Crypto<\/a> closed its $2.2 billion <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Crypto<\/a> Fund V earlier this year, bringing its total dedicated <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> capital to roughly $10 billion across five funds. The firm has publicly identified protocol-level privacy as a missing capability that has slowed <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchain<\/a> adoption in regulated financial markets. That thesis aligns directly with what Digital Asset and the Canton Network are built to deliver.<\/p>\n<p>Fresh capital would let Digital Asset scale developer tools, add subnets, expand ecosystem onboarding, and push further into cross-border pilots and global collateral network applications. The company remains privately held.<\/p>\n<p>The broader tokenization market has attracted significant institutional attention in 2026, with banks, custodians, and index providers actively moving assets on-chain. Digital Asset is positioning <a href=\"https:\/\/news.bitcoin.com\/fireblocks-now-supports-150-blockchains-as-it-launches-canton-integration\/\">Canton<\/a> as the compliant, privacy-preserving infrastructure that regulated institutions can actually use.<\/p>\n<p>The round is not finalized. Additional details are expected in the coming weeks.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/report-canton-network-developer-digital-asset-seeks-300m-from-a16z-crypto\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways A16z crypto leads a ~$300 million round at Digital Asset Holdings, valuing the company at ~$2 billion, per Bloomberg. Canton Network has processed over $6 trillion in tokenized assets, drawing Visa, DTCC, and Goldman Sachs as institutional validators. Digital Asset plans to use fresh capital to [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":72363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72362"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72362"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72363"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}