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Canton Network Raises $300M, Bridging Finance & Blockchain
Description
Digital Asset Holdings, creators of the Canton Network, is raising $300 million at a $2 billion valuation, led by a16z Crypto. This comes just months after a $135 million round. The Canton Network, a private blockchain for banks, is gaining traction with heavyweights from traditional finance. Moodys, Japans Securities Clearing Corporation, and Swiss bank Amina have all shown interest, signaling a bridge between old-school finance and blockchain technology.
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