a16z crypto led the funding round, with Citadel Securities, HSBC, and Coinbase Ventures also participating to back further development of the blockchain network.
Digital Asset has raised $355 million in a funding round that values the company at $2 billion, with proceeds earmarked for further development of the Canton Network. a16z crypto led the round, and Citadel Securities, HSBC, and Coinbase Ventures were among the participants. The raise points to continued institutional interest in blockchain infrastructure aimed at linking financial markets and tokenized assets.