Trending Now - Canton Network Seeks $300M Investment at $2B Valuation

WHO:

Techmeme - Digital Asset Holdings LLC is the company behind Canton Network.

Cointelegraph - a16z Crypto is leading the investment round.

WHAT:

Techmeme - Digital Asset is raising approximately $300 million.

Cointelegraph - The fundraising is occurring at a valuation of $2 billion.

Bloomberg - This fundraising round comes less than a year after an earlier nine-figure round.

WHERE:

Techmeme - Canton Network is a public blockchain used among several big banks and trading firms.

WHEN:

Cointelegraph - The investment round is set to take place in the near future, following the report.

WHY:

Techmeme - The investment aims to support the development of privacy features in the Canton Network.

HOW:

Techmeme - The investment round is being led by a16z Crypto.

(UPDATED May 10, 2026 23:12 UTC)

Digital Asset Holdings LLC, the company behind the Canton Network, is raising approximately $300 million in a new investment round led by a16z Crypto, which comes at a valuation of $2 billion. This fundraising effort aims to enhance privacy features within the Canton Network, a public blockchain utilized by major banks and trading firms. The investment round is set to take place in the near future, following this report.