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\n\t\t\t\t\t\t\t\t\tThe funding round now follows a previous one from May, in which Canton Network\u2019s developer raised $300 million.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Digital Asset Holdings LLC, best known as the entity behind the Canton Network, has raised another $355 million in a new funding round led by Andreessen Horowitz\u2019s main crypto fund.<\/p>\n
The US-based privately held venture capital firm, founded by Marc Andreessen and Ben Horowitz, contributed $100 million. Other notable names that participated<\/a> in the funding round include heavyweights like Citadel Securities, Apollo, BNP Paribas, CME Ventures, Coinbase Ventures, and HSBC.<\/p>\n Digital Asset Holding built the Canton Network, a layer-1 smart-contract blockchain with configurable privacy and controls. It aims to become a household name in the rapidly growing sectors of Real-World Assets (RWA)<\/a> and TradFi institutions.<\/p>\n It uses a two-tier consensus mechanism that allows unlimited horizontal scalability of the network. It also maintains full smart contract interoperability.<\/p>\n According to reports, the Canton Network has already supported $6 trillion in tokenized issuance, while the proceeds from the latest funding round will be channeled toward partnerships, M&A, and ecosystem expansion.<\/p>\n It\u2019s worth noting that this is the second major funding round closed by Digital Asset Holdings. In the previous round, announced<\/a> a month ago, the entity raised $300 million at a near-$2 billion valuation, and a16z was once again at the forefront.<\/p>\n In 2025, it raised $50 million from major backers such as Nasdaq and Bank of New York Mellon.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\nYou may also like:<\/h3>\n
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