According to Bloomberg, Digital Asset, the company behind Canton Network, is seeking $300 million, reported in one version as about ¥47 billion, in a funding round that would value it at roughly $2 billion. The round is expected to be led by a16z crypto. The reporting ties the fundraising to rising institutional interest in Canton Network, citing Visa’s participation as well as tokenized Treasury experiments and a government bond pilot as evidence of adoption in regulated financial-market use cases.